Le pouvoir de bail-in correspond-il à une expropriation ?, in Revue Banque

Hubert de Vauplane co-writes a piece with Aude Salord in the November 2013 issue of the French publication Revue Banque and asks the following question: in order for the bail-in mentioned in the bank resolution act to be regarded as an expropriation for property rigths attached to receivables, several conditions need to be met, including the existence of a general interest cause: can financial stability be considered as such? And is then the bail-in a necessary tool to maintatin such financial stability?

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