<i>’For all these reasons, this monograph is definitively recommended to practitioners and academics interested in the State aid field, but also for policy analysts, political scientists and generally for students of EU law. They will benefit from an overarching work that provides not only a detailed account of the law and case law concerning the application of the State aid discipline to the financial sector, but also a rich understanding of the principles that underpin the new regulatory framework for bank resolution in the EU, and valuable hints into its likely coexistence with the State aid framework. The editors and authors of this work should thus be highly commended.'</i>

- Juan Jorge Piernas López Murcia, Common Market Law Review,

<i>'The </i>Research Handbook on State Aid in the Banking Sector<i> provides a wonderful and extensive insight into the state aid cases in the banking sector during the Great Financial Crisis (GFC). It brings together specialists from different angles as a result of which the book combines both the financial regulatory and state aid law angle. . .'</i>

- Journal of International Banking Law and Regulation,

The global financial crisis that struck Europe has profoundly affected its political, economic and regulatory landscape. This Research Handbook provides an inter-disciplinary view of State interventions in the banking sector, their control under State aid rules since the financial crisis of 2008 and the progressive emergence of a pan-European regulation of banks in distress.Assessing the policy of bank rescues over the past nine years provides a striking summary of European successes and failures and of the continuing tension between integration and fragmentation forces at play within the EU and its single market. This Research Handbook offers insights from law and economics - on the extent to which the EU/EEA State aid regime is able to address adequately the concerns of financial regulation without losing sight of its primary purpose. The contributors include academics, specialists in financial regulation, lawyers, economists and regulators, who have all followed or been directly involved in cases relating to the financial crisis.The Research Handbook on State Aid in the Banking Sector will appeal to advanced students and academics in law and economics, particularly those with an interest in financial institutions, governance and banking.Contributors include: C. Botelho Moniz, G. Bruzzone, M. Cassella, A. Champsaur, F. Coupé, F. de Cecco, J.-S. Duprey, S. Frisch, C. Froitzheim, P. Gouveia e Melo, J. Gray, V. Iftinchi, B. Joosen, I. Kokkoris, F.-C. Laprévote, S. Micossi, L. Nascimento Ferreira, P. Nicolaides, V. Power, C. Quigley, N. Robins, S. Shamsi, P. Solomon, D.S. Tynes
Les mer
This Research Handbook provides an inter-disciplinary view of State interventions in the banking sector, their control under State aid rules since the financial crisis of 2008 and the progressive emergence of a pan-European regulation of banks in distress.
Les mer
Contents: Foreword François-Charles Laprévote, Cleary Gottlieb Steen and Hamilton (CGSH) Part I 1. The special nature of banks and its challenges for competition policy Ioannis Kokkoris 2. Competition, stability and moral hazard: the tension between financial regulation and State aid control Joanna Gray and Francesco de Cecco 3. State aid and the financial sector: the evolution of the legal framework of State aid law Violeta Iftinchi PART II 4. State aid to banking: application of the market economy investor principle Phedon Nicolaides 5. The States’ toolkit for rescuing banks in difficulty François-Charles Laprévote and Florine Coupé 6. Compensatory measures in the banking sector Sahar Shamsi, Pantelis Solomon and Nicole Robins 7. Preserving cross-border banking in the face of the crisis: State aid policy under the financial trilemma François-Charles Laprévote and Sven Frisch PART III 8. Crisis aid to banks in Germany Sven Frisch 9. The United Kingdom Conor Quigley 10. Ireland Vincent J.G. Power 11. State aid to banks in France Claire Froitzheim 12. State aid to banks in Belgium Jean-Sébastien Duprey 13. State intervention in the banking sector of The Netherlands Bart P.M. Joosen 14. Southern Program Countries – Cyprus, Portugal, Spain Carlos Botelho Moniz, Pedro de Gouveia e Melo and Luís do Nascimento Ferreira 15. Iceland Dora Sif Tynes Part IV 16. The new regulatory framework for bank resolution Ginevra Bruzzone, Miriam Cassella and Stefano Micossi 17. Hand in hand or parallel paths? Reflections on the future coexistence of State aid control and bank resolution in the EU François-Charles Laprévote and Amélie Champsaur Index
Les mer
’For all these reasons, this monograph is definitively recommended to practitioners and academics interested in the State aid field, but also for policy analysts, political scientists and generally for students of EU law. They will benefit from an overarching work that provides not only a detailed account of the law and case law concerning the application of the State aid discipline to the financial sector, but also a rich understanding of the principles that underpin the new regulatory framework for bank resolution in the EU, and valuable hints into its likely coexistence with the State aid framework. The editors and authors of this work should thus be highly commended.'
Les mer

Produktdetaljer

ISBN
9781783478071
Publisert
2017-12-29
Utgiver
Vendor
Edward Elgar Publishing Ltd
Høyde
244 mm
Bredde
169 mm
Aldersnivå
UP, P, 05, 06
Språk
Product language
Engelsk
Format
Product format
Innbundet
Antall sider
640

Om bidragsyterne

Edited by François-Charles Laprévote, Cleary Gottlieb Steen and Hamilton, Brussels, Belgium, Joanna Gray, Birmingham Law School, University of Birmingham and Francesco de Cecco, Newcastle Law School, Newcastle University, UK