tailieunhanh - Lecture Legal and regulatory aspects of banking supervision – Chapter 23

The following will be discussed in this chapter: Lender of last resort, classical theory, LOLR and bank closure policy solvent banks and insolvent banks, systemic risk contagion, liquidity in a non functioning interbank market, LOLR policy as part of the banking safety net. | Lecture Legal and regulatory aspects of banking supervision Chapter 23