Publication details
Rezoluční autorita – orgán povolaný k řešení krize na finančním trhu
| Title in English | Resolution authority - the authority called to resolute financial market crisis |
|---|---|
| Authors | |
| Year of publication | 2018 |
| Type | Article in Periodical |
| Magazine / Source | Obchodněprávní revue |
| MU Faculty or unit | |
| Citation | |
| Web | Repozitář MU |
| Keywords | Resolution authority; financial market; resolution mechanism; financial crisis; BRRD; Bail out; bridge bank; |
| Attached files | |
| Description | In response to the global financial crisis fundamental changes have been made at the European level to the legal framework of single financial market regulation and supervision. One of the significant legal steps was establishment of a common system of recovery and resolution of failing banks. Within the framework of a systemic approach to the EU financial market, the article illustrates the steps taken towards the implementation of the resolution framework into domestic financial markets of the Czech Republic. One of the main task was founding of the resolution authority and thats the main task of this article. |