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.
|International Company and Commercial Law Review
|Published - 1 Nov 2017
- Corporate insolvency
- Deposit guarantee schemes
- Related parties