COURSEWORK BRIEF
Answer in no more than 1500 words (excluding references, tables and appendices) ONE of the following questions:
Compare and contrast the underlying causes, costs (fiscal and indirect) and resolution measures of any two banking crises that occurred in the last 15 years from the following: Cyprus, Iceland, Ireland, United Kingdom.
Structure your answer in three sections: causes, costs and resolution measures.
What are the key features of the Bank Recovery and Resolution Directive (BRRD) introduced in the European Union in 2015? Does the introduction of bail-in mean the end of “too big to fail”?
Outline and critically evaluate the progress in completing the three pillars of the banking union in the European Union. To what extent are they sufficient to safeguard financial stability?
