In a unique global research project, the China University of Political Science and Law (CUPL, Beijing, China) and Leiden Law School’s Hazelhoff Centre for Financial Law are finalising and comparing new bank insolvency laws for China and Europe.
Tag: Bank Recovery And Resolution Directive
Research project New Bank Insolvency Law for China and Europe is advanving well, Inventory Report I is nearing Completion. The report will be the focal point at a seminar that will take place in Beijing two weeks from now.
In the past seven years, governments across the globe spent trillions to prevent banks from failing and wreaking havoc on our economy. Europe’s answer has been a legislative framework for bank recovery and resolution and a single resolution mechanism.