What is systemic risk, and what are its implications for banking regulation?What are the legal and policy implications of bail-in measures?

UK banking resolution and the EU SRM

What are the key elements of the BRRD Directive?
What is systemic risk, and what are its implications for banking regulation?
What are the legal and policy implications of bail-in measures?
What are the effects of a precautionary recapitalisation for a failing bank?
What are the main functions of recovery and resolution plans in the BRRD?
What are the key features of the Single Resolution Mechanism?