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This work presents the edited workshop papers from a workshop on International Bank Insolvencies, by lawyers from over 20 national central banks, the European Central Bank, the Basle Committee on Banking Supervision and the UN Commission on International Trade Law.
List of contents
Part 1 National reports - questionnaire: Australia, T. Grady; Austria, T. Wagner, B. Sauerzopf; Brazil, C.A. Hagstrom; Canada, D.M. Duffy; France, S. Grenouilloux, E. Fernandez-Bollo; Hong Kong, S. Gannon, K. Kemp; India, S.C. Gupta, M.A. Batki; Italy, L. Cerenza, E. Galanti; Japan, T. Hamano; Korea, Legal Office, The Bank of Korea; Mexico, H. Tinico Jaramillo; Norway, A. Sand; 1Russian Federation, K. Loubenchenko, S. Golubev; Saudi Arabia, M. Alsheaibi; Spain, J. Priego; Sweden, R. Sparve; Switzerland, P. Merz, M. Raggenbass; United Kingdom, A. Beaves; United States, Legal Staff, Board of Governors of the Federal Reserve System, Federal Reserve Bank of New York, J. Hansen, J.H. Sommer. Part 2 Workshop papers: role and functions of authorities - supervision, insolvency prevention and liquidation, E.T. Patrikis; central banks with supervisory functions - the example of Spain, J. Priego; management intervention as a tool for crisis prevention - the Norwegian Act of 6 December 1996 on guarantee schemes for banks and public administration, B. Nyhagen; the use of securitization to mobilize liquidity and the use of specialised mortgage corporations, S. Gannon; specific cross-border problems regarding bank insolvencies and European harmonization efforts, D. Devos; recent Polish legislative steps to achieve certainty with regard to international financial contracts, A. Jaszczynska; co-operation of supervisory authorities and possible harmonization of applicable rules, D. Nouy; the UNCITRAL model law on cross-border insolvency, J. Sekolec; the aftermath of an international bank insolvency, H. Tinoco Jaramillo; cushioning the effects of bank insolvencies - lessons from the Japanese experience, H. Kanda, collateral in ESCB credit operations, E. Nierop; supervisory liability - an introduction to several legal systems and a case study, R. Smits, R. Lubertiac.
