Veron, Nicolas, (2019), “An Effective Regime for Non-viable Banks: US Experience and Considerations for EU Reform“, July
The US regime for non-viable banks has maintained a high degree of stability and public confidence by protecting deposits, while working to minimise the public cost of that protection. EU reformers can draw valuable insights from the US experience. A review of the US regime supports arguments in favour of harmonisation and centralisation of bank insolvency proceedings and deposit insurance in Europe’s banking union.
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