Double liability of banks: case study of Ukraine

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Abstract

Discusses the double liability of banks rules adopted in Ukraine in the context of its economic and financial crisis and the large number of banks that were declared insolvent between 2014-16. Assesses the rationale for making the shareholders of failing banks liable for the losses of their depositors. Examines the "related persons of a bank" concept of the Ukrainian regime, their liabilities and the methodologies for their identification.
Original languageEnglish
Pages (from-to)400-406
JournalInternational Company and Commercial Law Review
Volume28
Issue number11
Publication statusPublished - 1 Nov 2017

Keywords

  • Banks
  • Corporate insolvency
  • Deposit guarantee schemes
  • Liabilities
  • Related parties
  • Shareholders
  • Ukraine

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