Economics at your fingertips  

Resolving of failing financial institutions: from bail-out to bail-in

Řešení selhávajících finančních institucí aneb od bail-out k bail-in

Lukáš Fiala

Český finanční a účetní časopis, 2021, vol. 2021, issue 3

Abstract: The article deals with the issue of TLAC and MREL capital requirements as a tool safeguarding the sufficient level of absorbing and recapitalization capacity of failing banks. The contribution is three-fold. Firstly, the article provides comparative analysis of TLAC and MREL and identify the main differences associated with scope of eligible institutions, eligible instruments subordination requirements and the required limits of the standards. Secondly, we identify main differences resulting from the revision of BRRD with respect to areas mentioned in comparative analysis. Thirdly, the article presents descriptive analysis of the CNB´s approach to calibration of MREL, which is based on TREA and leverage ratio.

Keywords: TLAC; MREL; BRRD; Resolution; řešení krize (search for similar items in EconPapers)
JEL-codes: G23 G28 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link) (text/html) (application/pdf)
free of charge

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:

Ordering information: This journal article can be ordered from
Český finanční a účetní časopis, Vysoká škola ekonomická v Praze, nám. W. Churchilla 4, 130 67 Praha 3

DOI: 10.18267/j.cfuc.563

Access Statistics for this article

Český finanční a účetní časopis is currently edited by Karel Brůna

More articles in Český finanční a účetní časopis from Prague University of Economics and Business Contact information at EDIRC.
Bibliographic data for series maintained by Stanislav Vojir ().

Page updated 2021-12-18
Handle: RePEc:prg:jnlcfu:v:2021:y:2021:i:3:id:563