Seeking Truth in a World of Propaganda. Links do not necessarily indicate agreement with stories or perspectives.
“Those who are able to see beyond the shadows and lies of their culture will never be understood, let alone believed, by the masses.” - Plato
Thursday, August 12, 2021
Executing bail-in: an operational guide from the Bank of England
Bail-in is one of the stabilisation tools available to the Bank as resolution authority under the Banking Act 2009. Bail-in ensures investors, rather than public funds, bear losses where a firm fails.