LEADER 08703oam 22015494 450 001 9910820347003321 005 20240410163016.0 010 $a1-4552-4585-2 010 $a1-4552-9417-9 010 $a1-283-53607-2 010 $a9786613848529 010 $a1-4552-4566-6 035 $a(CKB)2550000000102832 035 $a(EBL)3014667 035 $a(SSID)ssj0000657034 035 $a(PQKBManifestationID)11401612 035 $a(PQKBTitleCode)TC0000657034 035 $a(PQKBWorkID)10656769 035 $a(PQKB)11076323 035 $a(MiAaPQ)EBC3014667 035 $a(Au-PeEL)EBL3014667 035 $a(CaPaEBR)ebr10556858 035 $a(CaONFJC)MIL384852 035 $a(OCoLC)793203284 035 $a(IMF)LARTEE 035 $a(IMF)LARTEA 035 $a(EXLCZ)992550000000102832 100 $a20020129d2001 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aLegal Aspects of Regulatory Treatment of Banks in Distress /$fT. Asser 205 $a1st ed. 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2001. 215 $a1 online resource (195 p.) 300 $aDescription based upon print version of record. 311 $a1-55775-972-3 327 $aIntro -- 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. 327 $a1. 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. 330 3 $aThis book analyzes and compares the laws of selected industrial countries that are representative of the different approaches to the treatment of banks in distress. It addresses only those banking and economic policy issues that are required for a proper understanding of the banking law or the legal strategies, procedures, and practices that have evolved in the treatment of banking problems. The book does not cover international aspects of bank insolvency, but rather has a domestic focus, given that bank regulation and supervision are still largely a national endeavor. 410 0$aBooks 606 $aBanking law 606 $aBank failures$xLaw and legislation 606 $aBanks and banking$xState supervision 606 $aBankruptcy 606 $aBanks and Banking$2imf 606 $aFinance: General$2imf 606 $aFinancial Risk Management$2imf 606 $aPublic Finance$2imf 606 $aBanking$2imf 606 $aIndustries: Financial Services$2imf 606 $aBanks$2imf 606 $aDepository Institutions$2imf 606 $aMicro Finance Institutions$2imf 606 $aMortgages$2imf 606 $aFinancial Institutions and Services: Government Policy and Regulation$2imf 606 $aGeneral Financial Markets: Government Policy and Regulation$2imf 606 $aBankruptcy$2imf 606 $aLiquidation$2imf 606 $aTaxation, Subsidies, and Revenue: General$2imf 606 $aEconomic & financial crises & disasters$2imf 606 $aBanking law$2imf 606 $aFinance$2imf 606 $aPublic finance & taxation$2imf 606 $aFinancial services law & regulation$2imf 606 $aBank legislation$2imf 606 $aBank liquidation$2imf 606 $aBank resolution$2imf 606 $aDeposit insurance$2imf 606 $aFinancial regulation and supervision$2imf 606 $aFinancial crises$2imf 606 $aCommercial banks$2imf 606 $aFinancial institutions$2imf 606 $aAdministration in revenue administration$2imf 606 $aRevenue administration$2imf 606 $aBanks and banking$2imf 606 $aCrisis management$2imf 606 $aFinancial services industry$2imf 606 $aLaw and legislation$2imf 606 $aRevenue$2imf 606 $aState supervision$2imf 607 $aUnited States$2imf 615 0$aBanking law. 615 0$aBank failures$xLaw and legislation. 615 0$aBanks and banking$xState supervision. 615 0$aBankruptcy. 615 7$aBanks and Banking 615 7$aFinance: General 615 7$aFinancial Risk Management 615 7$aPublic Finance 615 7$aBanking 615 7$aIndustries: Financial Services 615 7$aBanks 615 7$aDepository Institutions 615 7$aMicro Finance Institutions 615 7$aMortgages 615 7$aFinancial Institutions and Services: Government Policy and Regulation 615 7$aGeneral Financial Markets: Government Policy and Regulation 615 7$aBankruptcy 615 7$aLiquidation 615 7$aTaxation, Subsidies, and Revenue: General 615 7$aEconomic & financial crises & disasters 615 7$aBanking law 615 7$aFinance 615 7$aPublic finance & taxation 615 7$aFinancial services law & regulation 615 7$aBank legislation 615 7$aBank liquidation 615 7$aBank resolution 615 7$aDeposit insurance 615 7$aFinancial regulation and supervision 615 7$aFinancial crises 615 7$aCommercial banks 615 7$aFinancial institutions 615 7$aAdministration in revenue administration 615 7$aRevenue administration 615 7$aBanks and banking 615 7$aCrisis management 615 7$aFinancial services industry 615 7$aLaw and legislation 615 7$aRevenue 615 7$aState supervision 676 $a346.082 700 $aAsser$b T$01674625 712 02$aInternational Monetary Fund. 801 0$bDcWaIMF 906 $aBOOK 912 $a9910820347003321 996 $aLegal Aspects of Regulatory Treatment of Banks in Distress$94039579 997 $aUNINA