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RESOLUTION REGARDING MINIMUM ACCOUNT BALLANCE  Form

RESOLUTION REGARDING MINIMUM ACCOUNT BALLANCE Form

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Hi everyone! My name is Maria Ana Barata and I'm a Research Associate at the Florence School of Banking and Finance and today we're going to talk about bank resolution objectives. So bank resolution can be described as  a specialized regime for bank failures. In the EU, the two key legal documents to have in mind are the Bank Resolution and Recovery Directive (BRRD)   and the Single Resolution Mechanism Regulation (SRMR). Jointly, they are usually referred to as the EU Resolution Framework. Articles 31 of the BRRD and 14 of the SRMR list the five bank resolution objectives. First, to ensure the continuity of the critical functions of the banks, Second, to avoid significant adverse effects on financial stability, in particular by preventing contagion, including to market infrastructures, and by maintaining market discipline. Third, to protect public funds by minimizing reliance on extraordinary public finance support. Fourth, to protect depositors and invest

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