Bad Banks and the the “No Creditor Worse Off” compensation scheme

Bad Banks and the the “No Creditor Worse Off” compensation scheme


CategoryNews Author Sarah Bousfield Date

In this article, published in the Journal of International Banking and Financial Law, Hodge Malek QC and Sarah Bousfield consider whether the increased risk of discrimination claims by foreign investors, which arises when the “good/bad bank” mechanism under the Bank Recovery and Resolution Directive (BRRD) is applied to more complex institutions, can be alleviated by the “No Creditor Worse Off” (NCWO) compensation scheme.

To read the full article, please click here.


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