GFS LinkedIn
GFS Facebook
GFS Twitter
GFS RSS feed

Barnier admits delay to 'overdue' bail-ins

Friday 27 January 2012 - by Andrew Hickley


Led by the Financial Stability Board, worldwide regulators have agreed to impose a series of measures to ensure that shareholders are forced to take on the losses stemming from the failure of a multinational bank.

The requirements are spearheaded by the 'bail-in' approach, where regulators can impose losses on bondholders and unsecured creditors to ensure that the most critical parts of a bank can continue to operate.

The FSB also obliges regulators to set out requirements for recovery and resolution plans, which require the world's biggest banks banks to map out how they could fail in the most orderly fashion.

Send us your thoughts (in strict confidence) or submit an article in response:
Email: andrew.hickley@gfsnews.com






Article pages: |  1  |   2  |



WHAT DO YOU THINK?
 
Name:
   
Email:
   
Comment:
   
Post as Anonymous
  Display name
   
Please, enter security code
   
 

No comments yet.

STRAW POLL

Will markets in 2012 have a tougher time than 2011?

Yes

No

Don't know

View results

FIND A REGION world regions