Banking Bailout Law: A Comparative Study of the United States, United Kingdom and the European Union

This book examines the building blocks of banking bailout law and provides a comparative analysis of the different legal and regulatory options and their underlying principles. It uses case studies from the US, EU, UK, Spain, and Hungary to assess the outcomes of bank bailouts and explore how they can be regulated and conducted more successfully in the future.

Format: Hardback
Length: 264 pages
Publication date: 28 October 2020
Publisher: Taylor & Francis Ltd

This comprehensive book delves into the intricate details of banking bailout law, offering a comprehensive reconstruction of a regulatory framework designed to better serve countries during future crisis situations. Building upon recent, carefully selected case studies from the United States, the European Union, the United Kingdom, Spain, and Hungary, it seeks to answer critical questions about the failures of bank bailouts in the European Union, the factors that contributed to the United States' more successful crisis management, and the potential for regulating and conducting bailouts more effectively in the future.

Employing a comparative methodology, the book examines a range of bailout and bank resolution techniques and tools, highlighting the advantages and disadvantages of different legal and regulatory options. It also delves into the underlying principles guiding these approaches.

In the aftermath of the 2008 financial crisis, significant developments were made in the legal-regulatory architecture on both sides of the Atlantic. Financial institution-specific insolvency proceedings were further developed or implemented, providing a framework for dealing with distressed financial institutions.

Ten years after the most recent crisis, there is a wealth of empirical evidence available to evaluate the outcomes of bank bailouts in the United States and the European Union. This book provides a valuable opportunity to examine a number of cases under the European Union's new bank resolution regime, shedding light on its effectiveness and challenges.

This book is of immense interest to a wide range of professionals, including finance experts, banking professionals, central bankers, monetary policy scholars, and insolvency law practitioners. It offers valuable insights and perspectives on the critical issues surrounding banking bailouts and provides a roadmap for building a more robust and resilient financial system.

Weight: 580g
Dimension: 164 x 241 x 24 (mm)
ISBN-13: 9780367410339