Међународни стечај банака у контексту УНЦИТРАЛ модел закона о прекограничној инсолвентности и јединственог механизма резолуције ЕУ
International Insolvency Law in the Context of UNCITRAL Model of the Law on Cross-border Insolvency and EU Single Resolution Mechanism

Author(s): Damjan Danilović
Subject(s): Law, Constitution, Jurisprudence, Law on Economics, EU-Legislation
Published by: Правни факултет Универзитета у Источном Сарајеву
Keywords: International bankruptcy; Banks;
Summary/Abstract: This paper analyzes key aspects of international insolvency of banks. Peculiarities of loan and deposit transactions along with internationalization of their operations make banks prone to generating negative systemic effects, situation which calls for consolidated monitoring in banking. This approach may lead to specific solutions concerning international bankruptcy in banking. International jurisdiction over bankruptcy of banks is determined in a different manner compared to jurisdiction over non-financial entities and is to be carried out on the principle of universality. International bankruptcy of banks will be analyzed in the context of relevant sources of law such as UNCITRAL model on cross-border insolvency which represents important legal instrument of harmonization of laws in this area and EU single resolution mechanism in which international bankruptcy procedure reached the ultimate stage of integration.

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