Lecture Legal and regulatory aspects of banking supervision – Chapter 23
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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.
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Lecture Legal and regulatory aspects of banking supervision – Chapter 23
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Lecture Legal and regulatory aspects of banking supervision – Chapter 23
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