The European Banking Crisis Regulation. From the Regulatory Model to the Impact on the Italian Banking System

Luigi Donato, Zeno Rotondi and Alessandro Scognamiglio

Banca Impresa Società, 2018, issue 1, 79-104

Abstract: This paper examines the impact of the European Resolution Mechanism on the Italian banking system by using a dual perspective: the complexity of the Banking Union and the effect of the bail-in rule in terms of bank resolution capability. The new rules entered into force when the prevention system was not yet in operation. The empirical analysis shows that in recent years the capacity to face a potential resolution by Italian banks has declined. However in 2016, resolution capacity grew rapidly to the highest level since 2008, increasing more according to the size of the bank.The analysis supports the aggregation of banks strategy and confirms a certain «heterogony of ends» of the European discipline.

Keywords: BRRD; Single Resolution Mechanism; Prevention; Resolution; Bail-in; Bail-in Contribution Capacity. (search for similar items in EconPapers)
Date: 2018
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.rivisteweb.it/download/article/10.1435/90331 (application/pdf)
https://www.rivisteweb.it/doi/10.1435/90331 (text/html)
Access to full text is restricted to subscribers

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:mul:jqmthn:doi:10.1435/90331:y:2018:i:1:p:79-104

Access Statistics for this article

More articles in Banca Impresa Società from Società editrice il Mulino
Bibliographic data for series maintained by ().