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A Peer-reviewed scientific articles/A1 Journal article (refereed), original research
      
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Bail-In: EU Rules and Their Applicability in the Nordic Context, Nordic Economic Policy Review (2020). Jokivuolle, Esa; Vihriälä, Vesa; Virolainen, Kimmo; Westman, Hanna


Category A Peer-reviewed scientific articles
Sub-category A1 Journal article (refereed), original research
auki Internal authors
Virolainen Kimmo / General Secretariat
All authors as text Jokivuolle, Esa; Vihriälä, Vesa; Virolainen, Kimmo; Westman, Hanna 
Number of authors
Status Published
Year of publication 2020 
Date 15.06.2020 
Name of article Bail-In: EU Rules and Their Applicability in the Nordic Context 
Name of journal Nordic Economic Policy Review
Volume of issue 2020 
Pages 189-216 
Abstract The global financial crisis has led to extensive regulatory reforms around the globe. The bail-in rules introduced in the Bank Recovery and Resolution Directive are an essential part of the new bank crisis management landscape in Europe. The paper seeks to clarify their implications and applicability in three ways. First, we provide a concise overview of the issues involved based on recent – mainly theoretical – literature. Second, we describe the key features of the European resolution framework. Third, we discuss the implications of the bail-in approach for crisis management in the Nordic context.
Free text descriptor in Finnish pankit; riskit; sääntely; lainsäädäntö; EU; Pohjoismaat; Eurooppa 
Free text descriptor in English Resolution, bail-out, bail-in, BRRD, systemic risk 
JEL-codes G21, G28 
ISSN / e-ISSN 1904-8092 
auki Internet addresses
Additional information 2020/Financial regulation and macroeconomic stability in the Nordics
Open Access Open access -publication