kaal:claim:2061166-028

Mandating the issuance of contingent capital does not guarantee that a viable market in contingent capital securities will develop.

Source quote, verbatim

Mandatory issuance of contingent capital does not guarantee that a viable market in contingent capital securities will develop.

From

Christoph K. Henkel, Wulf A. Kaal, Contingent Capital in European Union Bank Restructuring (2012), A. Trigger Events, Uncertainty, Market Development, p. 64
https://ssrn.com/abstract=2061166 · source PDF

Cite as

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

Holds when

mandatory minimum issuance requirements imposed by regulators

Classification

failuresupport: arguedfailure: Mandated issuance without a marketfamily: liquidity-and-market-structure-failurecontingent-capitaleconomicsdefi

Related claims

extends kaal:claim:1908473-019 Mandatory contingent capital issuance requires the creation of a new market, and market creation takes time: t...

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Attestation record: colloquium/attestations/587b1183a7af7257...json
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