02047cas a2200325 a 4500 AALejournalIMF022301 230101c9999 xx r poo 0 0eng d 5.00 USD 9781616358075 1018-5941 BD-DhAAL BD-DhAAL Arda, Atilla. The Role for Deposit Insurance Funds in Dealing with Failing Banks in the European Union / Atilla Arda, Marc Dobler. Washington, D.C. : International Monetary Fund, 2022. 1 online resource (27 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 argues that in the European Union (EU) deposit insurance funds are too difficult to use in bank resolution and too easy to use outside resolution. The paper proposes reforms in three areas for the effective management of bank failures of small and medium-sized banks in the European Union: making resolution the norm for dealing with failing banks; establishing a common DIS for the European Union; and increasing funding and backstops for deposit insurance while removing constraints on their use for resolution measures. Without these changes, the European Union will continue to be challenged by banks that are too small for resolution and too large for liquidation. Mode of access: Internet Banks imf Depository Institutions imf Financial Institutions and Services imf Micro Finance Institutions imf Mortgages imf Congo, Democratic Republic of the imf Dobler, Marc. IMF Working Papers; Working Paper ; No. 2022/002 Full text available on IMF http://elibrary.imf.org/view/journals/001/2022/002/001.2022.issue-002-en.xml IMF e-Library