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Published on Thursday, May 14, 2015 | Updated on Monday, May 18, 2015

Funding in Resolution: the lender of last resort function in the new resolution framework

In 2014, the resolution discussion was mainly focused on the Total Loss Absorbing Capacity (TLAC). The connection of this framework with the liquidity provision of failed banks has been uncharted territory that the FSB is planning to tackle in 2015. The aim of this paper is to contribute to the discussion on how to ensure liquidity in a resolutions process.

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Report (PDF)

20150514_Funding and Resolution_discussion note Vdef

English - May 14, 2015

Authors

Santiago Fernández de Lis
Santiago Fernández de Lis BBVA Financial regulation More information
JP
José Carlos Pardo
GM
Guillermo Martín

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