01860cas a2200289 a 4500 AALejournalIMF009246 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451982695 1018-5941 BD-DhAAL BD-DhAAL Giustiniani, Alessandro. Crisis Management and Resolution for a European Banking System / Alessandro Giustiniani, Wim Fonteyne, Wouter Bossu, Alessandro Gullo. Washington, D.C. : International Monetary Fund, 2010. 1 online resource (17 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 This paper proposes an integrated crisis management and resolution framework for the EU's single banking market. It comprises a European Resolution Authority (ERA), armed with the mandate and the tools to deal cost-effectively with failing systemic cross-border banks, and is designed to address many fundamental operational and incentive problems. It also seeks to reduce moral hazard and better protect countries against the risk of twin fiscal-financial crises by detaching banks from government budgets. The ERA would be most effective if it were twinned or combined with a European Deposit Insurance and Resolution Fund. Mode of access: Internet Fiscal Policy imf Bossu, Wouter. Fonteyne, Wim. Gullo, Alessandro. IMF Working Papers; Working Paper ; No. 2010/070 Full text available on IMF http://elibrary.imf.org/view/journals/001/2010/070/001.2010.issue-070-en.xml IMF e-Library