Recording of the online seminar held on the 5th of July 2017, organised by the Florence School of Banking and Finance.

Speaker: Christos Gortsos (National and Kapodistrian University of Athens)
Commentator: Seraina Grünewald (University of Zurich)
Moderator: Pierre Schlosser (Florence School of Banking and Finance)

This seminar discusses the circumstances under which a credit institution is deemed to be ‘failing or likely to fail’. But what does it take for an institution to be deemed failing or likely to fail? Who makes that assessment and how is it conducted? What are the possible courses of action for authorities? The seminar will also recall and further clarify that a resolution scheme is adopted by the Single Resolution Board (SRB) in relation to a credit institution when it assesses that three conditions for resolution are met cumulatively. Lastly, the online seminar will explore lessons learned from (and implications of) the first resolution scheme adopted very recently.

свернуть