kaal:claim:2061166-024

Implementing the European Commission's debt write-down proposal has the potential to increase funding costs for financial institutions and to make their funding more volatile.

The implementation of the debt write-down in the European Commission proposal also has the potential of increasing funding costs for financial institutions475 and could make funding more volatile.

Christoph K. Henkel, Wulf A. Kaal, Contingent Capital in European Union Bank Restructuring (2012), A. European Commission Proposal, p. 56
https://ssrn.com/abstract=2061166 · source PDF

Christoph K. Henkel, Wulf A. Kaal, Contingent Capital in European Union Bank Restructuring (2012). SSRN: https://ssrn.com/abstract=2061166

• statutory bail-in regime as proposed by the Commission

failuresupport: evidencedfailure: Bail-in raises and destabilizes bank fundingfamily: systemic-risk-transmissionsystemic-riskcontingent-capital

• restates kaal:claim:1908473-022 Although the EU debt write-down proposal gives regulators certainty and discretion, it could produce greater m...

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