TY  - UNPD
A1  - Götz, Martin
A1  - Tröger, Tobias
T1  - Should the marketing of subordinated debt be restricted/different in one way or the other? What to do in the case of mis-selling?
T2  - SAFE white paper series, 35
N2  - An important prerequisite for the efficiency of bail-in as a regulatory tool is that debt holders are able to bear the cost of a bail-in. Examining European banks’ subordinated debt we caution that households may be investors in bail-in able bonds. Since households do not fulfil the aforementioned prerequisite, we argue that European bank supervisors need to ensure that banks’ bail-in bonds are held by sophisticated investors. Existing EU market regulation insufficiently addresses mis-selling of bail-in instruments.
T3  - SAFE white paper series - 35 
KW  - Bail-in
KW  - BRRD
KW  - subordinated debt
KW  - EU market regulation
Y1  - 2016
UR  - http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/39594
UR  - https://nbn-resolving.org/urn:nbn:de:hebis:30:3-395948
UR  - http://safe-frankfurt.de/policy-center/publications/policy-publ-detailsview/publicationname/should-the-marketing-of-subordinated-debt-be-restricteddifferent-in-one-way-or-the-other-what-to-do-in-the-case-of-mis-selling.html
PB  - SAFE
CY  - Frankfurt am Main
ER  -