18.03.2015 21:22:00
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Moody's: Implementation of bank bail-in regimes is still a work in progress
New York, March 18, 2015 -- Despite reform progress in Financial Stability Board (FSB) member countries, particularly in the US (Aaa stable) and in Europe, the final form of bank bail-in legislation and how it will be used in practice remains uncertain, according to a new presentation from Moody's Investors Service, " Bank Resolution Regimes: An Overview of Progress Made to Date." Moody's also says that it expects some acceleration on the progress for legislation this year, with authorities in Asia-Pacific lagging some of the more advanced progress made by their Western counterparts.