Chapter 6 Legal Aspects of Bank Insolvency
Author:
International Monetary Fund
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Language:
English
Print Publication Date:
26 Aug 1999
Keywords:
SEM; bank; central bank; bank regulator; certificate; consumer; bank supervisor; securities entitlement; e-money product; securities certificate; Securities; Government securities; Currencies; Capital flows; Global; East Asia; Europe; Western Europe; Middle East; bank management; savings and loan; banking house; bank rehabilitation; prudential bank supervision; Bank legislation; Commercial banks; Bank solvency; Bank regulation; Bank licensing; Asia and Pacific

Abstract

More than other parts of banking law, the law of bank insolvency focuses the legal mind on the age-old ebb and flow between state power and individual freedom under the law.1 Any discussion of banking law in a market-based economic system must review the public interest served by the bank regulator as agent of the state in the light of the principle of freedom of economic activity of individual banks and their owners.

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Cover Current Developments in Monetary and Financial Law, Vol. 1
Current Developments in Monetary and Financial Law, Vol. 1
ISBN:
9781557757968
Publication Date:
26 Aug 1999
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781557757968.072
Pages:
656