How Long to Read Valuation Reports in the Context of Banking Resolution

How Long Does it Take to Read Valuation Reports in the Context of Banking Resolution?

It takes the average reader and 23 minutes to read Valuation Reports in the Context of Banking Resolution by Willem Pieter De Groen

Assuming a reading speed of 250 words per minute. Learn more

Description

The preparation of accurate valuation reports is among the most challenging elements of the resolution mechanism. That challenge is underlined by the following observation: during the crises in the past decade, for almost half of the bailed-out banks the estimates for losses and capital needs were initially too low, resulting in several rounds of public capital injections. The single resolution mechanism has introduced a formal procedure with three valuations, respectively, to determine whether a bank is failing or likely to fail (valuation 1), to inform about the use of the resolution tools including bail-in (valuation 2), and to ensure that the ‘no creditor worse off’ condition is respected (valuation 3). This paper gives an initial assessment of the preparation of valuation reports in resolution. It finds that there are still substantial uncertainties regarding the outcome of these valuations due to organisational, legal and economic challenges. In order to reduce the uncertainties, several measures are suggested, such as improving the IT systems, increasing the use of historical data, shortening the procedure to assign the valuator, introducing a moratorium, and harmonising the insolvency laws for banks in a way that integrates the insolvency and resolution regimes.

How long is Valuation Reports in the Context of Banking Resolution?

Valuation Reports in the Context of Banking Resolution by Willem Pieter De Groen is 23 pages long, and a total of 5,819 words.

This makes it 8% the length of the average book. It also has 7% more words than the average book.

How Long Does it Take to Read Valuation Reports in the Context of Banking Resolution Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 31 minutes to read Valuation Reports in the Context of Banking Resolution aloud.

What Reading Level is Valuation Reports in the Context of Banking Resolution?

Valuation Reports in the Context of Banking Resolution is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Valuation Reports in the Context of Banking Resolution?

Valuation Reports in the Context of Banking Resolution by Willem Pieter De Groen is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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