|材料类型：||文献, 政府刊物, 国家级的政府刊物, 互联网资源|
David G Mayes; María Nieto; Larry Wall; Federal Reserve Bank of Atlanta.
|描述：||1 online resource|
|详述：||System requirements: Adobe Acrobat Reader.|
|丛书名：||Working paper series (Federal Reserve Bank of Atlanta), 2007-9.|
|责任：||David G. Mayes, Maria J. Nieto, and Larry Wall.|
"This paper discusses the institutional changes needed in Europe if prompt corrective action (PCA) is to be effective in supervising and resolving cross-border banking groups. The paper identifies these changes starting with enhancements in the availability of information on banking groups' financial condition to prudential supervisors. Next, the paper considers the collective decision making by prudential supervisors with authority to make discretionary decisions within the PCA framework as soon as a bank in a cross-border banking group falls below the minimum capital standard. Finally, the paper analyzes the coordination measures that should be implemented if PCA requires the bank to be resolved"--Federal Reserve Bank of Atlanta web site.