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Author/Editor:
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Rutledge, Virginia ; Moore, Michael ; Dobler, Marc ; Bossu, Wouter ; Jassaud, Nadège ; Zhou, Jian-Ping
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Publication Date:
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April 24, 2012
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Electronic Access:
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Free Full text
(PDF file size is 481KB).
Use the free
Adobe Acrobat Reader
to view this PDF file
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Summary:
The proposed SDN, prepared by a team of MCM/LEG experts, analyses whether bail-in -- defined as a statutory power to recapitalize a distressed SIFI by converting and/or writing down its unsecured debt -- could be a useful complementary tool to other resolution powers. More specifically, the note studies the effectiveness of bail-in in achieving prompt bank recapitalization at the time of distress, discusses potential risks when a bail-in power is activated, and proposes design features to mitigate these risks.
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Order a print copy
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Series:
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Staff Discussion Notes No. 12/3
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Subject(s):
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Banking crisis | Banks | Debt restructuring | Financial institutions | Financial risk | Financial stability | Intervention
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Author's Keyword(s):
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Financial regulatory reforms | banking crisis | bailout | too big to fail | bank capitalization |
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English
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Publication Date:
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April 24, 2012
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ISBN/ISSN:
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9781475503906
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Format:
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Paper
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Stock No:
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SDNEA2012003
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Pages:
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27
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Price:
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US$20.00 )
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English
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Publication Date:
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April 24, 2012
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ISBN/ISSN:
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978-1-61635-392-6 / 2221-030X
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Format:
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A web quality merged PDF
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Stock No:
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SDNET2012003
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Pages:
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26
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Price:
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English
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Publication Date:
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April 24, 2012
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ISBN/ISSN:
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978-1-61635-392-6 / 2221-030X
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Format:
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A web quality merged PDF
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Stock No:
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SDNETEA2012003
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Pages:
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26
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Price:
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Please address any questions about this title to
publications@imf.org
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