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1

International Accounting Standards Committee. Provisions, contingent liabilities and contingent assets. London: International Accounting Standards Committee, 1998.

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2

International Accounting Standards Committee. Provisions, contingent liabilities and contingent assets: Proposed international accounting standard. London: International Accounting Standards Committee, 1997.

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3

Johnson, Barry. Provisions, contingent liabilities and contingent assets: A commentary on FRS 12. London: Gee, 1999.

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4

Securities disclosure of contingent environmental liabilities. New York: J. Wiley, 1995.

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5

Polackova, Hana. Government contingent liabilities: A hidden risk to fiscal stability. Washington, DC: World Bank, 1998.

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6

Fund, International Monetary. Government contingent liabilities and the measurement of fiscal impact. Washington, D.C: International Monetary Fund, 1990.

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7

Carrington, Glenn R. Tax accounting. [Chicago, Ill: American Bar Association, 1995.

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8

Saunders, Anthony. Contingent liability in banking: Useful policy for developing countries. Washington, DC: World Bank, Policy Research Dept., Finance and Private Sector Development Division, and Financial Sector Development Dept., 1995.

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9

Zheng fu huo you zhai wu wen ti yan jiu. Beijing: Zhongguo she hui ke xue chu ban she, 2007.

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10

Zheng fu huo you zhai wu wen ti yan jiu. Beijing: Zhongguo she hui ke xue chu ban she, 2007.

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11

Brixi, Hana Polackova. Fiscal adjustment and contingent government liabilities: Case studies of the Czech Republic and Macedonia. Washington, DC: World Bank, Europe and Central Asia Region, Poverty Reduction and Economic Management Sector Unit, 1999.

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12

Association, British Bankers. Off-balance-sheet instruments and other commitments and contingent liabilities: Statement of recommended accounting practice. London: British Bankers' Association, 1991.

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13

United States. Office of Management and Budget. Recognition of contingent liabilities arising from litigation: An amendment of SFFAS no. 5, Accounting for liabilities of the federal government. [Washington, D.C.]: The Office, 1999.

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14

Fund, International Monetary. Optimal fiscal policy and government provision of contingent liabilities: The example of government loan and deposit guarantees. Washington, D.C: International Monetary Fund, 1989.

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15

Budgeting of government insurance programs and contingent liabilities: Hearing before the Task Force on Budget Process of the Committee on the Budget, House of Representatives, One Hundred Fifth Congress, second session, hearing held in Washington, DC, April 23, 1998. Washington: U.S. G.P.O., 1998.

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16

United States. Congress. House. Committee on the Budget. Task Force on Budget Process (1998- ). Budgeting of government insurance programs and contingent liabilities: Hearing before the Task Force on Budget Process of the Committee on the Budget, House of Representatives, One Hundred Fifth Congress, second session, hearing held in Washington, DC, April 23, 1998. Washington: U.S. G.P.O., 1998.

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17

Provisions, contingent liabilities and contingent assets. Milton Keynes: Accounting Standards Board, 1998.

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18

PricewaterhouseCoopers. Provisions, Contingent Liabilities and Contingent Assets (Financial Reporting Standards: Commentaries). Gee Publishing Ltd, 2001.

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19

Provisions, contingent liabilities and contingent assets: A guide to FRS 12. London: Ernst & Young, 1998.

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20

Thakor, Anjan V., John Soss, and Stuart I. Greenbaum. Understanding Commercial Bank Contingent Liabilities. Probus Professional Pub, 1986.

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21

Committee of Public Accounts. Contingent Liabilities in the Dependent Territories. Stationery Office Books, 1998.

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22

Office, National Audit. Contingent Liabilities in the Dependent Territories. Stationery Office Books, 1997.

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23

Hana, Polackova, Schick Allen, and World Bank, eds. Government at risk: Contingent liabilities and fiscal risk. Washington, DC: World Bank, 2002.

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24

Lee, Buchheit, and Gulati G Mitu. Part III Complicating Factors, 18 Sovereign Contingent Liabilities. Oxford University Press, 2014. http://dx.doi.org/10.1093/law/9780199671106.003.0018.

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25

Polackova, Hana. Contingent Government Liabilities: A Hidden Risk for Fiscal Stability. The World Bank, 1999. http://dx.doi.org/10.1596/1813-9450-1989.

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26

(Editor), Hana Polackova Brixi, Allen Schick (Editor), and Sweder Van Wijnbergen (Editor), eds. Government at Risk: Contingent Liabilities and Fiscal Risk (World Bank Publication). Oxford University Press, 2002.

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27

Bachmair, Fritz Florian, and Jane Bogoev. Assessment of Contingent Liabilities and Their Impact on Debt Dynamics in South Africa. World Bank, Washington, DC, 2018. http://dx.doi.org/10.1596/29910.

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28

Islam, Roumeen, Hafez Ghanem, Polackova Hana Brixi, and Roumeen Islam. Fiscal Adjustment and Contingent Government Liabilities: Case Studies of the Czech Republic and Macedonia. The World Bank, 1999. http://dx.doi.org/10.1596/1813-9450-2177.

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29

Bachmair, Fritz Florian. Contingent Liabilities Risk Management: A Credit Risk Analysis Framework for Sovereign Guarantees and On-Lending. World Bank, Washington, DC, 2016. http://dx.doi.org/10.1596/23774.

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30

US GOVERNMENT. Recognition of contingent liabilities arising from litigation: An amendment of SFFAS no. 5, Accounting for liabilities of the federal government (Statement of federal financial accounting standards). [For sale by the U.S. G.P.O., Supt. of Docs, 1999.

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31

Bachmair, Fritz Florian. Contingent Liabilities Risk Management: A Credit Risk Analysis Framework for Sovereign Guarantees and On-Lending: Country Experiences from Colombia, Indonesia, Sweden, and Turkey. World Bank, Washington, DC, 2016. http://dx.doi.org/10.1596/1813-9450-7538.

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32

US GOVERNMENT. Budgeting of government insurance programs and contingent liabilities: Hearing before the Task Force on Budget Process of the Committee on the Budget, ... held in Washington, DC, April 23, 1998. For sale by the U.S. G.P.O., Supt. of Docs., Congressional Sales Office, 1998.

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33

Simon, Gleeson, and Guynn Randall. Part III The EU Resolution Regime, 10 Direct Bail-in in the European Union. Oxford University Press, 2016. http://dx.doi.org/10.1093/law/9780199698011.003.0010.

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This chapter describes how the EU regime permits bail-in to be implemented directly by varying the terms of the obligations of the institution in resolution. Bail-in, by definition, is a process which applies to some but not all of the senior creditors of an institution—not all, since the object of the process is to protect some of these creditors. The primary appeal of the bail-in structure is the fact that there is no necessity to establish a new entity and transfer assets to it. As FDIC’s history of resolution demonstrates, this is a relatively straightforward process where the assets are all in one country and governed by the laws of that country. The chapter considers the basic mechanics of a direct bail-in, its impact on the pricing of the debt of the bank concerned, the interaction of the regime with private recapitalization, with subordinated and contingent capital and asset transfers.
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