Preventing Financial Chaos: An International Guide to Legal Rules and Operational Procedures for Handling Insolvent Banks: An International Guide to L

1. Auflage 2000
ISBN: 978-90-411-8848-9
Verlag: Wolters Kluwer

Buch, Englisch, 188 Seiten, GB, Format (B × H): 156 mm x 234 mm, Gewicht: 467 g

There is a fundamental reason, the authors of this book contend, why national financial systems falter and collapse: the failure of central banks and other supervisory authorities to deal promptly and decisively with insolvent banks. In Preventing Financial Chaos, Ramsey and Head, both well-known to the international banking community for their restructuring services in developing and transitional economies, take a no-nonsense attitude and show exactly how to usher a problem bank out of the financial system in any country. Their clearly defined rules and procedures build disciplined, competent action that activates political will and successfully curtails systemic chaos. With this nuts-and-bolts guide, policymakers, legislators, central bank officials, and representatives of international financial institutions will be able to achieve the following: recognize, monitor and resolve bank failures; conduct timely and orderly closing of problem banks; and develop national legislation to prevent the spread of bank insolvency. The authors' firmly-held convictions about which choices should be made and why is sure to launch an important debate among lawyers, bankers and academics--a debate which will inevitably focus much-needed attention on one of the most urgent problems in today's interdependent world economic order.

Zielgruppe

Research

Autoren/Hrsg.

Ramsey, Robert Lee

Ramsey, Robert L.

Head, John W.

Fachgebiete

• Medizin | Veterinärmedizin Medizin | Public Health | Pharmazie | Zahnmedizin Medizinische Fachgebiete Psychiatrie, Sozialpsychiatrie, Suchttherapie
• Rechtswissenschaften Internationales Recht und Europarecht Internationales Recht Internationales Handels-, Wirtschafts- und Gesellschaftsrecht