EconPapers    
Economics at your fingertips  
 

At the End of the Waterfall – Resolvability of Central Counterparties

Péter Gárdos ()
Additional contact information
Péter Gárdos: Eötvös Loránd University Department for Civil Law, Budapest, Hungary

Credit and Capital Markets, 2021, vol. 54, issue 4, 505-531

Abstract: After the prudential requirements introduced by EMIR in 2012, the European Union took a further step when it adopted a regulation in 2021 on the framework for the recovery and resolution of central counterparties. The regulation is based on the bank recovery and resolution directive of 2014. This paper provides a critical overview of the new regulation by focusing on the question of whether the bank resolution tools are useful and effective in the case of central counterparty resolutions.

JEL-codes: G23 G33 K23 (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://doi.org/10.3790/ccm.54.4.505 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kuk:journl:v:54:y:2021:i:4:p:505-531

Access Statistics for this article

More articles in Credit and Capital Markets from Credit and Capital Markets
Bibliographic data for series maintained by Credit and Capital Markets ().

 
Page updated 2022-02-22
Handle: RePEc:kuk:journl:v:54:y:2021:i:4:p:505-531