Traduction de «Faillite bancaire systémique » (Français → Anglais) :

banking system failure | systemic banking failure

bank failure [ bank bankruptcy ]

Ordinance of the Swiss Financial Market Supervisory Authority of 30 June 2005 on the Bankruptcy of Banks and Securities Traders | FINMA Bank Bankruptcy Ordinance [ BBO-FINMA ]

29. Notes that, in order to boost the competitiveness and stability of the European banking system, it is vital to address in an effective way the issue of SIFIs (i.e. banks that are too big to fail), the problems of which resulted in an escalation of the adverse effects of the financial crisis, by rationalising the scale of the activities of banking groups and by reducing interdependencies within groups;

28. Notes that, in order to boost the competitiveness and stability of the European banking system, it is vital to address in an effective way the issue of SIFIs (i.e. banks that are too big to fail), the problems of which resulted in an escalation of the adverse effects of the financial crisis, by rationalising the scale of the activities of banking groups and by reducing interdependencies within groups;

iv) the existence of a level playing field and support and facilitate productive activities for the real economy, prevent and avoid systemic and moral hazard risks as well as fiscal cost arising from failures and banking crisis.

19. Deems it necessary to expand the crisis management minimum intervention toolbox available to supervisor beyond the provisions of Article 136 of Directive 2006/48/EC to include at least the power to: require that adjustments be made to capital, liquidity, the business mix and internal processes; recommend or impose changes of management; limit the terms of banking licenses; impose living wills; impose a total or partial sale; create a bridge bank or a good bank/bad bank split; require swaps of debt for equity with appropriate haircuts; impose profit and dividend retention requirements and restrictions in order to consolidate ca ...[+++]pital requirements and ensure that shareholders pay before taxpayers; restructure and transfer assets and liabilities to other institutions with the objective of ensuring the continuity of systemically important operations; lay down criteria for valuing impaired assets; take temporary public control; wind up failed banks;