The Role of Deposit Guarantee Schemes as a Financial Safety Net in the European Union

by Jakub Kerlin

Overview

This book examines the changing role of Deposit Guarantee Schemes (DGSs) as a financial safety net of the European Union, with specific emphasis on post-crisis reforms. The author identifies the institutional weaknesses of DGSs and analyses their functioning in post-crisis conditions. Readers discover the extent to which the participation of DGSs in bank resolution increases effectiveness, and whether such enhancement of the financial safety net allows for the liquidation of large financial institutions. Finally, the book identifies, categorises, and analyses possible forms of involvement of DGSs in the EU resolution, as well as the proposal of methods for the quantitative measurement of the preparedness of DGSs to participate in this process.

Product Details

ISBN-13:	9783319541624
Publisher:	Springer International Publishing
Publication date:	08/04/2017
Series:	Palgrave Macmillan Studies in Banking and Financial Institutions
Edition description:	1st ed. 2017
Pages:	351
Product dimensions:	5.83(w) x 8.27(h) x (d)

About the Author

Jakub Kerlin has a PhD from the College of Management and Finance at the Institute of Finance at Warsaw School of Economics, Poland, following an MA in Law from the University of Warsaw and an MA in Accounting and Finance from the Warsaw School of Economics, Poland. He is a legal trainee at the District Chamber of Legal Advisers in Warsaw, Poland and is a Bank Resolution Officer at the Single Resolution Board, Brussels. His scientific and professional interests include deposit insurance, bank recovery and resolution, financial safety net architecture, and financial stability. He is also the co-author of European Bank Restructuring During the Global Financial Crisis.

Table of Contents

Chapter 1: Participation of Deposit Guarantee Schemes in resolution. - Chapter 2: Development of Deposit Guarantee Schemes and Their Role in the Financial Safety Net.- Chapter 3: Financial Capabilities of Deposit Guarantee Schemes.- Chapter 4: The Concept of Resolution of Financial Institutions.- Chapter 5: The Impact of Deposit Guarantee Schemes on the Effectiveness of Resolution.- Chapter 6: Readiness of Deposit Guarantee Schemes to Participate in Resolution.