SPACs and SRR: Difference between pages
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Special resolution regime. | |||
Provisions for [[resolution]] of failing financial institutions under appropriate legislation and regulation. In many countries provisions extend beyond banks to certain other types of institution. | |||
For example, in the US under [[OLA]] and [[FDIA]] that established [[FDIC]] and in the EU under the [[BRRD]]. | |||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
[[Category:The_business_context]] | [[Category:The_business_context]] | ||
Latest revision as of 07:07, 27 June 2022
Special resolution regime.
Provisions for resolution of failing financial institutions under appropriate legislation and regulation. In many countries provisions extend beyond banks to certain other types of institution.
For example, in the US under OLA and FDIA that established FDIC and in the EU under the BRRD.
