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Tim Engel
Systemrisikovorsorge
durch Bankaufsicht, Bankgesellschaft und Bankvorstand
[Systemic Risk Precaution. By Banking Supervision, Banking Corporation and Management.]
2020. XIX, 256 pages. Published in German.
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Unforeseen financial crises can be of such magnitude that they rock the world's economy. How can the law help prevent them from developing in the first place? Mechanisms are needed to enhance the stability and resilience of financial systems. Tim Engel's study analyses the legal regime for systemic risk precaution in European banking regulation and the effects it has on supervisory competences and the management responsibilities of banks.