08703oam 22015494 450 991082034700332120240410163016.01-4552-4585-21-4552-9417-91-283-53607-297866138485291-4552-4566-6(CKB)2550000000102832(EBL)3014667(SSID)ssj0000657034(PQKBManifestationID)11401612(PQKBTitleCode)TC0000657034(PQKBWorkID)10656769(PQKB)11076323(MiAaPQ)EBC3014667(Au-PeEL)EBL3014667(CaPaEBR)ebr10556858(CaONFJC)MIL384852(OCoLC)793203284(IMF)LARTEE(IMF)LARTEA(EXLCZ)99255000000010283220020129d2001 uf 0engur|n|---|||||txtccrLegal Aspects of Regulatory Treatment of Banks in Distress /T. Asser1st ed.Washington, D.C. :International Monetary Fund,2001.1 online resource (195 p.)Description based upon print version of record.1-55775-972-3 Intro -- Contents -- Preface -- Overview -- Scope of the Report -- Forced Liquidation and Restructuring of Banks: Differences Between Bank Insolvency Law and General Insolvency Law -- I. General Policy Considerations -- 1. Special Treatment of Banks -- 2. Institutional Framework -- 3. Incidental Versus Banking System Problems -- 4. The Corrective Effects of Market Forces -- 5. Liquidity Support Provided by the Central Bank as Lender of Last Resort -- 6. Prevention -- II. General Legal Considerations -- 1. The Law Governing Banking Activities -- 2. International Aspects -- 3. General Protection for Banks: Principles of Administrative Law -- 4. Special Protection for Banks: Provisions of Banking -- 5. Review of Regulatory Acts -- Principal Objectives To Be Pursued by Law -- III. Regulatory Intervention: Common Issues -- 1. Categories and Objectives of Regulatory Intervention -- 2. Discretion of Regulators Under the Law -- 3. Gradation of Regulatory Intervention -- 4. Timeliness of Regulatory Measures -- 5. Reporting and Disclosure Requirements -- 6. Financial Costs of Regulatory Intervention -- Principal Objectives To Be Pursued by Law -- IV. Corrective Action: Common Features -- 1. Authority to Take Corrective Action -- 2. Grounds for Taking Corrective Action -- 3. Corrective Action Plans -- V. Corrective Action: Categories -- 1. Choice of Corrective Action -- 2. Corrective Agreements, Warnings, and Orders -- 3. Appointment of Observers and Inspectors -- VI. Exceptional Financial Support to Insolvent Banks -- VII. Special Moratorium on Debt Service by Banks Under the Banking Law -- 1. General Observations -- 2. Judicial Moratoria -- 3. Extrajudicial Moratoria -- 4. Entry into Force and Termination of Moratoria -- Principal Objectives To Be Pursued by Law -- VIII. Taking Control of a Bank Under the Banking Law: Common Issues.1. Survey of Procedures -- 2. Bank Administration Procedures -- 3. Issues Common to Bank Administration Procedures -- 4. Regulatory Administration Versus Judicial Administration -- IX. Provisional Administration Under the Banking Law -- 1. General Issues -- 2. Appointment of a Provisional Administrator -- 3. Legal Effects of the Appointment of a Provisional Administrator -- X. Receivership Under the Banking Law -- 1. General Issues -- 2. Appointment of a Receiver -- 3. Legal Effects of the Appointment of a Receiver -- XL Bank Resolution Procedures Used in a Banking Law Receivership -- 1. Principal Procedures -- 2. Bank Merger -- 3. Purchase and Assumption Transactions -- 4. Forced Bank Liquidation -- XII. Revocation of the Banking License -- 1. Grounds to Revoke the Banking License -- 2. Authority to Revoke the Banking License -- 3. Legal Effects of Revocation of the Banking License -- Principal Objectives To Be Pursued by Law -- XIII. Taking Control of a Bank Under General or Special Insolvency Law -- 1. General Issues -- 2. Special Bank-Related Features of the General Insolvency Law -- Principal Objectives To Be Pursued by Law -- XIV. Banking System Restructuring -- 1. Overview -- 2. Institutional and Functional Features -- 3. Legal Aspects -- Principal Objectives To Be Pursued by Law.This book analyzes and compares the laws of selected industrial countries that are representative of the different approaches to the treatment of banks in distress. It addresses only those banking and economic policy issues that are required for a proper understanding of the banking law or the legal strategies, procedures, and practices that have evolved in the treatment of banking problems. The book does not cover international aspects of bank insolvency, but rather has a domestic focus, given that bank regulation and supervision are still largely a national endeavor.BooksBanking lawBank failuresLaw and legislationBanks and bankingState supervisionBankruptcyBanks and BankingimfFinance: GeneralimfFinancial Risk ManagementimfPublic FinanceimfBankingimfIndustries: Financial ServicesimfBanksimfDepository InstitutionsimfMicro Finance InstitutionsimfMortgagesimfFinancial Institutions and Services: Government Policy and RegulationimfGeneral Financial Markets: Government Policy and RegulationimfBankruptcyimfLiquidationimfTaxation, Subsidies, and Revenue: GeneralimfEconomic & financial crises & disastersimfBanking lawimfFinanceimfPublic finance & taxationimfFinancial services law & regulationimfBank legislationimfBank liquidationimfBank resolutionimfDeposit insuranceimfFinancial regulation and supervisionimfFinancial crisesimfCommercial banksimfFinancial institutionsimfAdministration in revenue administrationimfRevenue administrationimfBanks and bankingimfCrisis managementimfFinancial services industryimfLaw and legislationimfRevenueimfState supervisionimfUnited StatesimfBanking law.Bank failuresLaw and legislation.Banks and bankingState supervision.Bankruptcy.Banks and BankingFinance: GeneralFinancial Risk ManagementPublic FinanceBankingIndustries: Financial ServicesBanksDepository InstitutionsMicro Finance InstitutionsMortgagesFinancial Institutions and Services: Government Policy and RegulationGeneral Financial Markets: Government Policy and RegulationBankruptcyLiquidationTaxation, Subsidies, and Revenue: GeneralEconomic & financial crises & disastersBanking lawFinancePublic finance & taxationFinancial services law & regulationBank legislationBank liquidationBank resolutionDeposit insuranceFinancial regulation and supervisionFinancial crisesCommercial banksFinancial institutionsAdministration in revenue administrationRevenue administrationBanks and bankingCrisis managementFinancial services industryLaw and legislationRevenueState supervision346.082Asser T1674625International Monetary Fund.DcWaIMFBOOK9910820347003321Legal Aspects of Regulatory Treatment of Banks in Distress4039579UNINA