banking community. However, this would undermine efforts to prevent the existence of “too big” banks whose insolvency cannot be accepted (“too big to fail”). It is therefore essential that the Directive be [...] order to identify whether or not a bank is assessing the type and risk of the underlying exposures adequately. - The Committee of European Banking Supervisors (CEBS) is to establish guidelines to define [...] securitisation activities and to what extent the institution has exposures to these special purpose entities; - the amount of securitisations that are deducted from own funds due to significant risks. ►
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great risk to the fiscal policy of Member States. Moreover, it distorts competition between banks. To this end, the Commission’s recommendations should be followed. As long as the “too big to fail” issue [...] “Reforms are needed to promote skills and to create incentives to work” to address the demographic challenges and the relatively “low utilisation of labour” (p. 5). The Commission’s aim is to achieve an employment [...] no alternative to public financial aid. Promoting employment and getting the unemployed back to work: The Commission’s proposals to promote employment and to get the unemployed back to work are generally
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market5. Although efforts by large firms to minimise the risk of failure have been commended, the concerns relate to the central question on whether such "too big to fail" firms could potentially create the [...] group auditor needs to be reinforced. Arrangements need to be put in place to allow the group auditor to assume its role and responsibilities. Group auditors should have access to the reports and other [...] been given so far to how the audit function could be enhanced in order to contribute to increased financial stability. The fact that numerous banks revealed huge losses from 2007 to 2009 on the positions
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banks by assets is roughly similar or close to the GDP of its home country. These banks still remain too-big-to-fail, too-big-to-save and too-complex-to-resolve. In this context, Commissioner Barnier [...] Union banking groups still remain too- big-to-fail, too-big-to-save and too-complex to manage, supervise and resolve. Structural reform is therefore an important complement to other regulatory initiatives [...] legislative acts remain too-big-to-fail, too-big-to-save and too complex to manage, supervise and resolve. The provisions of this Regulation should accordingly only apply to those Union credit institutions
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gesamte Finanzstabilität, die mit einer möglichen Konsolidierung im Bankense ktor einhergehen („too big to fail“) zwingend beherrscht werden. ► Bestehende Risiken sollen abgebaut werden. Die Eigenkap [...] online unter: https://www.consilium.europa.eu/de/press/press-relea- ses/2018/12/04/eurogroup-report-to-leaders-on-emu-deepening/ 7 Report of the HLWG-Chair, Online unter: https://www.consilium.europa [...] Germany will consider EU-wide bank deposit reinsurance – We understand that compromised are necessary to complete banking union, Financial Times, 6/11/2019, online unter: https://www.ft.com/content/826
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und in Industrie und Dienstleistungen mit ihrer Lust auf Subventionen von Ab- wrackprämie bis „too big to fail“. Aber was für die alle geschäfts- schädigend sein mag, das dient der guten Entwicklung der [...] Fähigkeit bewiesen,seine Erkenntnisse mög- lichst nutzbringend zu verbreiten. Gleich sein Buch „The Road to Serfdom“ tat das so wirksam, dass es davon binnen kurzem eine Rea- der’s-Digest-Fassung mit einer Auf- [...] verbrämten Manches- ter-Kapitalismus. Dieser Vorwurf lässt sich sehr leicht entkräften. Schon „The Road to Serfdom“ ent- hält Passagen, die zum Beispiel al- len in den Ohren klingen müssten, die die Exzesse
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banks are given incentives to increase diversification. To this end, it is necessary to cover government bonds with risk- adequate own capital. Moreover, the too-big-to-fail issue must be solved. The [...] and macro-economic surveillance to avoid moral hazard is subject to changes to the EU Treaties and complementing secondary legislative provisions, as well as amendments to national legislation in many [...] State is liable only for its own share which corresponds to the contribution key to the EU budget or to the capital key of the ECB. – Due to the several – but not joint – guarantee, moral hazard would
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Eine solche Konsolidierung wäre für die Finanzstabilität abträglich, da Wertpapierfirmen die „too big to fail“ sind, den Anreiz haben, zu hohe Risiken einzugehen. Die Einteilung von Wert- papierfirmen in
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solche Konsolidierung wäre für die Finanzstabilität abträglich, da Wertpa- pierfirmen, die „too big to fail“ sind, den Anreiz haben, zu hohe Risiken einzugehen. Die Einteilung von Wertpapierfir- men in
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Widerspruch zu den Bemühungen, „zu große“ Banken, deren Insolvenz nicht hingenommen werden kann („too big to fail“), zu ver- hindern. Es ist daher essentiell, dass die Richtlinie in einer „stressfreien“ Zeit
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