The European Banking Regulation Handbook, Volume II

In two volumes, this handbook covers in a comprehensive, internally balanced, systematic and detailed way the field of European Union (EU) banking law and regulation. The present Volume II builds on Volume I, which offered a brief introduction to the theory of banking regulation, a thorough analysis of international financial standards, as well as a brief presentation of the gradual evolution and the sources of EU banking law, and a precise analysis of the law-making process and the institutional aspects governing this branch of EU economic law. Volume II contains a detailed analysis of the substantive aspects of EU banking law, starting with the EU rules governing the authorisation, prudential regulation and supervision of credit institutions (Part I), and then moving to those governing crisis prevention and crisis management in the EU banking system, including (but not confined to) the resolution of credit institutions (Part II). Of significant value is the well-established blend between the EU law in force and its interpretation by EU Courts in their numerous judgments.
Reviews the prudential and crisis prevention measures of the EU banking regulatory framework Deals with the rules on crisis management, namely those on resolution action in case of a solvency crisis and with last resort lending to credit institutions in case of liquidity crises Analyses the rules pertaining to the EU funds activated in case of a solvency crisis, namely the Single Resolution Fund and national deposit guarantee funds Concludes with an evaluation of the international regulatory and framework and of the EU regulatory framework, and with some considerations on the way forward