Lessons Learned: Karl-Philipp Wojick

Maryann Haggerty ()
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Maryann Haggerty: YPFS, Yale School of Management, https://elischolar.library.yale.edu/journal-of-financial-crises/

Journal of Financial Crises, 2024, vol. 6, issue 4, 154-156

Abstract: Karl-Philipp Wojcik is the general counsel of the European Union's Single Resolution Board (SRB), the central resolution authority within the European Commission (EC) banking union. The banking union, which as of January 1, 2023, encompasses the 20 eurozone countries, along with Bulgaria, was established as part of the financial system reforms stemming from the Global Financial Crisis and the ensuing European sovereign debt crisis. The SRB's stated mission is to ensure orderly resolution of failing banks, protect taxpayers from state bailouts, and promote financial stability. Wojcik became SRB general counsel in November 2020. Previously, he was a member of the EC's legal service.

Keywords: lender of last resort; institutional governance, centralized resolution authority, Single Resolution Board(SRB), Single Resolution Mechanism (SRM), Single Supervisory Mechanisms (SSM) (search for similar items in EconPapers)
JEL-codes: G01 G28 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:ysm:ypfsfc:v:6:y:2024:i:4:p:154-156

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