01647cas a2200253 a 4500 AALejournalIMF006065 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451873474 1018-5941 BD-DhAAL BD-DhAAL Cihak, Martin. The Need for Special Resolution Regimes for Financial Institutions-The Case of the European Union / Martin Cihak, Erlend Nier. Washington, D.C. : International Monetary Fund, 2009. 1 online resource (29 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The global financial crisis has demonstrated weaknesses in resolution regimes for financial institutions around the globe, including in the European Union (EU). This paper considers the principles underlying resolution regimes for financial institutions, and draws out how a well-designed resolution regime can expand the toolset available for crisis management. Introducing, or in some cases expanding the scope, of these regimes is pressing to achieve more effective responses to ongoing financial sector weaknesses across the EU. Mode of access: Internet Nier, Erlend. IMF Working Papers; Working Paper ; No. 2009/200 Full text available on IMF http://elibrary.imf.org/view/journals/001/2009/200/001.2009.issue-200-en.xml IMF e-Library