Abandoning Foreign Depositors in a Bank Failure? The EFTA Court Judgment in EFTA Surveillance Authority v. Iceland, 2 J. Marshall Global Mkt. L.J. 1 (2013)
Deposit insurance is a key issue in bank regulation. A mismatch exists, especially in the European Economic Area, between the freedom of banks to operate across borders and the fact that deposit insurance operates on a national basis. EFTA Surveillance Authority v. Iceland examines the protection of...
Main Author: | |
---|---|
Format: | Text |
Language: | unknown |
Published: |
UIC Law Open Access Repository
2013
|
Subjects: | |
Online Access: | https://repository.law.uic.edu/globalmarkets/vol2/iss1/1 https://repository.law.uic.edu/cgi/viewcontent.cgi?article=1013&context=globalmarkets |
id |
ftjohnmarshallaw:oai:repository.law.uic.edu:globalmarkets-1013 |
---|---|
record_format |
openpolar |
spelling |
ftjohnmarshallaw:oai:repository.law.uic.edu:globalmarkets-1013 2023-05-15T16:47:08+02:00 Abandoning Foreign Depositors in a Bank Failure? The EFTA Court Judgment in EFTA Surveillance Authority v. Iceland, 2 J. Marshall Global Mkt. L.J. 1 (2013) Babis, Valia 2013-01-01T08:00:00Z application/pdf https://repository.law.uic.edu/globalmarkets/vol2/iss1/1 https://repository.law.uic.edu/cgi/viewcontent.cgi?article=1013&context=globalmarkets unknown UIC Law Open Access Repository https://repository.law.uic.edu/globalmarkets/vol2/iss1/1 https://repository.law.uic.edu/cgi/viewcontent.cgi?article=1013&context=globalmarkets John Marshall Global Markets Law Journal Banking and Finance Law International Trade Law Law Transnational Law text 2013 ftjohnmarshallaw 2022-10-20T20:05:16Z Deposit insurance is a key issue in bank regulation. A mismatch exists, especially in the European Economic Area, between the freedom of banks to operate across borders and the fact that deposit insurance operates on a national basis. EFTA Surveillance Authority v. Iceland examines the protection of overseas depositors in the event of a cross-border bank failure. In EFTA Surveillance Authority, the court examined a state’s responsibility to ensure compensation to depositors and possible discrimination against foreign depositors. This Article reviews the paradoxical holding by the court in light of the facts and circumstances of the case. Further, the Article discusses the concerns raised in EFTA Surveillance Authority regarding the degree to which EFTA states can adopt national economic policy arguments to differentiate between domestic and foreign depositors. Text Iceland John Marshall Law School Chicago: Institutional Repository |
institution |
Open Polar |
collection |
John Marshall Law School Chicago: Institutional Repository |
op_collection_id |
ftjohnmarshallaw |
language |
unknown |
topic |
Banking and Finance Law International Trade Law Law Transnational Law |
spellingShingle |
Banking and Finance Law International Trade Law Law Transnational Law Babis, Valia Abandoning Foreign Depositors in a Bank Failure? The EFTA Court Judgment in EFTA Surveillance Authority v. Iceland, 2 J. Marshall Global Mkt. L.J. 1 (2013) |
topic_facet |
Banking and Finance Law International Trade Law Law Transnational Law |
description |
Deposit insurance is a key issue in bank regulation. A mismatch exists, especially in the European Economic Area, between the freedom of banks to operate across borders and the fact that deposit insurance operates on a national basis. EFTA Surveillance Authority v. Iceland examines the protection of overseas depositors in the event of a cross-border bank failure. In EFTA Surveillance Authority, the court examined a state’s responsibility to ensure compensation to depositors and possible discrimination against foreign depositors. This Article reviews the paradoxical holding by the court in light of the facts and circumstances of the case. Further, the Article discusses the concerns raised in EFTA Surveillance Authority regarding the degree to which EFTA states can adopt national economic policy arguments to differentiate between domestic and foreign depositors. |
format |
Text |
author |
Babis, Valia |
author_facet |
Babis, Valia |
author_sort |
Babis, Valia |
title |
Abandoning Foreign Depositors in a Bank Failure? The EFTA Court Judgment in EFTA Surveillance Authority v. Iceland, 2 J. Marshall Global Mkt. L.J. 1 (2013) |
title_short |
Abandoning Foreign Depositors in a Bank Failure? The EFTA Court Judgment in EFTA Surveillance Authority v. Iceland, 2 J. Marshall Global Mkt. L.J. 1 (2013) |
title_full |
Abandoning Foreign Depositors in a Bank Failure? The EFTA Court Judgment in EFTA Surveillance Authority v. Iceland, 2 J. Marshall Global Mkt. L.J. 1 (2013) |
title_fullStr |
Abandoning Foreign Depositors in a Bank Failure? The EFTA Court Judgment in EFTA Surveillance Authority v. Iceland, 2 J. Marshall Global Mkt. L.J. 1 (2013) |
title_full_unstemmed |
Abandoning Foreign Depositors in a Bank Failure? The EFTA Court Judgment in EFTA Surveillance Authority v. Iceland, 2 J. Marshall Global Mkt. L.J. 1 (2013) |
title_sort |
abandoning foreign depositors in a bank failure? the efta court judgment in efta surveillance authority v. iceland, 2 j. marshall global mkt. l.j. 1 (2013) |
publisher |
UIC Law Open Access Repository |
publishDate |
2013 |
url |
https://repository.law.uic.edu/globalmarkets/vol2/iss1/1 https://repository.law.uic.edu/cgi/viewcontent.cgi?article=1013&context=globalmarkets |
genre |
Iceland |
genre_facet |
Iceland |
op_source |
John Marshall Global Markets Law Journal |
op_relation |
https://repository.law.uic.edu/globalmarkets/vol2/iss1/1 https://repository.law.uic.edu/cgi/viewcontent.cgi?article=1013&context=globalmarkets |
_version_ |
1766037217607680000 |