TY  - UNPD
A1  - Schinasi, Garry J.
A1  - Teixeira, Pedro Gustavo
T1  - The lender of last resort in the european single financial market
T2  - Working paper series / Johann-Wolfgang-Goethe-Universität, Institute for Law and Finance ; 43
N2  - The paper examines challenges in effectively implementing the lender-of-last-resort function in the EU single financial market. Briefly highlighted are features of the EU financial landscape that could increase EU systemic financial risk. Briefly described are the complexities of the EU’s financial-stability architecture for preventing and resolving financial problems, including lender-of-last-resort operations. The paper examines how the lender-of-last-resort function might materialize during a systemic financial disturbance affecting more than one EU Member State. The paper identifies challenges and possible ways of enhancing the effectiveness of the existing architecture.
T3  - Working paper / Johann-Wolfgang-Goethe-Universität, Institut for Law and Finance - 43 
Y1  - 2006
UR  - http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/2834
UR  - https://nbn-resolving.org/urn:nbn:de:hebis:30-25731
PB  - Inst. for Law and Finance
CY  - Frankfurt am Main
ER  -