The Role of Deposit Guarantee Schemes as a Financial Safety Net in the European Union

Description

This book examines the changing role of Deposit Guarantee Schemes (DGSs) as a financial safety net of the European Union, with specific emphasis on post-crisis reforms. The author identifies the institutional weaknesses of DGSs and analyses their functioning in post-crisis conditions. Readers discover the extent to which the participation of DGSs in bank resolution increases effectiveness, and whether such enhancement of the financial safety net allows for the liquidation of large financial institutions. Finally, the book identifies, categorises, and analyses possible forms of involvement of DGSs in the EU resolution, as well as the proposal of methods for the quantitative measurement of the preparedness of DGSs to participate in this process. Read more... Abstract: This book examines the changing role of Deposit Guarantee Schemes (DGSs) as a financial safety net of the European Union, with specific emphasis on post-crisis reforms. The author identifies the institutional weaknesses of DGSs and analyses their functioning in post-crisis conditions. Readers discover the extent to which the participation of DGSs in bank resolution increases effectiveness, and whether such enhancement of the financial safety net allows for the liquidation of large financial institutions. Finally, the book identifies, categorises, and analyses possible forms of involvement of DGSs in the EU resolution, as well as the proposal of methods for the quantitative measurement of the preparedness of DGSs to participate in this process Front Matter ....Pages i-xx Introduction (Jakub Kerlin)....Pages 1-6 Participation of Deposit Guarantee Schemes in Resolution—Literature Review (Jakub Kerlin)....Pages 7-28 Development of Deposit Guarantee Schemes and Their Role in the Financial Safety Net (Jakub Kerlin)....Pages 29-89 Financial Capabilities of Deposit Guarantee Schemes (Jakub Kerlin)....Pages 91-136 The Concept of Resolution of Financial Institutions (Jakub Kerlin)....Pages 137-201 The Impact of Deposit Guarantee Schemes on the Effectiveness of Resolution (Jakub Kerlin)....Pages 203-249 Readiness of Deposit Guarantee Schemes to Participate in Resolution (Jakub Kerlin)....Pages 251-277 Conclusion (Jakub Kerlin)....Pages 279-287 Back Matter ....Pages 289-351