Suchergebnisse

On 15 January 2020 Polish resolution authority made a decision to launch the resolution of a regional cooperative bank. The aim of the resolution was to maintain the service of local government units, considered as the critical function of the bank. The tool used was a bridge bank combined with bail-in to subordinated bonds and unguaranteed deposits, including deposits from local government units. The author is of the opinion that the write-off deposits from public entities was a substitute of the insufficient amount of liabilities contractually eligible for bail-in, served as the instrument enhancing credibility of resolution as well as protecting other creditors from excessive losses (i.e. mitigating contagion risk). The presented case of bank resolution, has been assessed as an example of intentionally bending of the stiff BRRD rules to an unusual case to find the practical, socially acceptable solution. By comparing this case with resolution of other small banks in the EU, the author argues that national authorities seek to limit the scope for bail-in and try to use the financial arrangements within the resolution of small local banks as more secure for the banking sector and socially acceptable manner.

On 15 January 2020 Polish resolution authority made a decision to launch the resolution of a regional cooperative bank. The aim of the resolution was to maintain the service of local government units, considered as the critical function of the bank. The tool used was a bridge bank combined with bail-in to subordinated bonds and unguaranteed deposits, including deposits from local government units. The author is of the opinion that the write-off deposits from public entities was a substitute of the insufficient amount of liabilities contractually eligible for bail-in, served as the instrument enhancing credibility of resolution as well as protecting other creditors from excessive losses (i.e. mitigating contagion risk). The presented case of bank resolution, has been assessed as an example of intentionally bending of the stiff BRRD rules to an unusual case to find the practical, socially acceptable solution. By comparing this case with resolution of other small banks in the EU, the author argues that national authorities seek to limit the scope for bail-in and try to use the financial arrangements within the resolution of small local banks as more secure for the banking sector and socially acceptable manner.

The annual joint meeting of the Boards of Governors of the International Monetary Fund and the International Bank for Reconstruction and Development was held in Washington from September 10 to 14, 1951, concurrently with the annual meetings of the Governors of the individual bodies. The Czechoslovakian Governor proposed at the opening meeting that delegates from the People's Republic of China be substituted (in all Fund, Bank and Joint machinery) for the delegates from the "Kuomintang group". No action, however, was taken on the "expulsion" resolution. At the closing joint session, on September 14, the Governors disposed of the remainder of the substantive work of the Joint Procedures Committee by agreeing that: 1) the seventh annual meeting of the joint Boards of Governors be held in Mexico City in the first half of September, 1952; 2) the Governor for Brazil be chairman for the joint Board of Governors for the ensuing year, while the Governors for China, France, India, the United Kingdom and the United States be vice-chairmen; 3) the composition of the Joint Procedures Committee for the ensuing year be the Governors for Brazil (chairman), Australia (vice-chairman), Lebanon (reporting member), and China, Finland, France, India, Luxembourg, Mexico, the Philippines, the United Kingdom and the United States.

SB22-18/19: Resolution Regarding Support for Legislation Creating Greater Access to State Funds for the University System. This resolution was passed 25Y-0N-0A on a roll call vote during the January 23, 2019 meeting of the Associated Students of the University of Montana (ASUM).

Joint resolution introduced by the Texas House of Representatives and Senate proposing a constitutional amendment allowing increased distributions to the available school fund.

AbstractThis article explores the International Monetary Fund's performance through crises ranging from the debt crisis of 1982 to the global financial crisis of 2008. The rise of market fundamentalism in the Fund's policy prescriptions is analysed and contrasted with its abrogation of market principles in crafting resolutions of crises. Potential reforms to voting rights, culture and perspectives within the Fund are considered, along with what may be required to achieve such vitally needed changes.

The United Nations Special Fund was the result of a compromise between two proposals which were debated at nineteen meetings of the Second (Economic and Financial) Committee during the twelfth session of the General Assembly. The first of these proposals was an eleven-power draft resolution, based on the recommendations of the Scheyven Committee, to establish a Special United Nations Fund for Economic Development (SUNFED). The second was a United States proposal to ncrease the financial resources of the Expanded Program of Technical Assistance (EPTA) and to establish within it a Speical projects Fund Which would be used to widen the scope of EPTA7's activities.

Morris Sheppard, chairman. ; Part II has subtitle: Summary of cases by states and miscellaneous cases. ; Mode of access: Internet.