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Resolution Issues for Financial Cooperatives - Overview of Distinctive Features and Current Resolution Tools

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  • International Association of Deposit Insurers

Abstract

This paper is mainly based on an IADI survey on resolution issues for financial cooperatives, which was distributed in July 2015 to more than 100 organisations worldwide, including all IADI members as well as other deposit insurers that are not members of IADI. Since, some survey respondents have made changes to their legislative and resolution framework. This paper is also based on case studies received in September 2015 from SRIFC members and nonmembers. Therefore, although some of the examples given in this paper may now no longer apply they are useful references to how these issues have been approached in the past. This paper’s purpose is to highlight the need to adapt bank resolution tools to financial cooperatives as necessary, given their distinctive features.

Suggested Citation

  • International Association of Deposit Insurers, 2018. "Resolution Issues for Financial Cooperatives - Overview of Distinctive Features and Current Resolution Tools," IADI Research Papers 18-01, International Association of Deposit Insurers.
    • Handle: RePEc:awl:respap:1801
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    References listed on IDEAS

    as
    1. Asli Demirgüç-Kunt & Edward J. Kane & Luc Laeven, 2014. "Deposit Insurance Database," NBER Working Papers 20278, National Bureau of Economic Research, Inc.
    2. Claire L. McGuire, 2012. "Simple Tools to Assist in the Resolution of Troubled Banks," World Bank Publications - Reports 12342, The World Bank Group.
    3. Vittorio Boscia & Alessandro Carretta & Paola Schwizer (ed.), 2009. "Cooperative Banking: Innovations and Developments," Palgrave Macmillan Studies in Banking and Financial Institutions, Palgrave Macmillan, number 978-0-230-23578-6, November.
    4. Phoebe White & Tanju Yorulmazer, 2014. "Bank resolution concepts, trade-offs, and changes in practices," Economic Policy Review, Federal Reserve Bank of New York, issue Dec, pages 153-173.
    5. Fabio R. Chaddad & Michael L. Cook, 2004. "The Economics of Organization Structure Changes: a US perspective on demutualization," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 75(4), pages 575-594, December.
    6. Stefan Avdjiev & Anastasia Kartasheva & Bilyana Bogdanova, 2013. "CoCos: a primer," BIS Quarterly Review, Bank for International Settlements, September.
    7. P. Battilani & H. G. Schroter, 2011. "Demutualization and its Problems," Working Papers wp762, Dipartimento Scienze Economiche, Universita' di Bologna.
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    Cited by:

    1. International Association of Deposit Insurers, 2021. "Ways to resolve a financial cooperative while keeping the cooperative structure," IADI Guidance Papers 21-12, International Association of Deposit Insurers.

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    Keywords

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    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G33 - Financial Economics - - Corporate Finance and Governance - - - Bankruptcy; Liquidation

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