£83.44

Nova Science Publishers Inc Large Financial Institutions: The ''Living Wills'' Requirement & Economic Issues Associated with ''Too Big To Fail'' (Financial Institutions and Services)

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Description

One of the chief objectives of the Dodd-Frank Wall Street Reform and Consumer Protection Act (DFA) is to promote financial stability within the United States, without the need for emergency governmental assistance to troubled firms. This book reviews the legal structure of the DFAs living will requirements; and examines some of the steps that these institutions might voluntarily take, which, in the view of the FRB and FDIC, would improve their resolvability, including strategic divestiture; legal reorganization; amendment of default trigger provisions of qualified financial contracts; and increasing their long-term, unsecured debt as a proportion of their assets.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
01 June 2015
Listed Since
12 February 2015

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