ABSTRACT
This chapter has examined both the Basle Committee Core Principles for Effective Banking Supervision and the legal aspects of systemic bank restructuring. It was argued that, while there is no single toolkit for banking supervision which provides for fully contingent and exhaustive solutions to banking crises, effective and prudential banking supervision can be undertaken through the adoption of interdisciplinary tools and approaches to supervision. Fields such as banking law, corporate finance, and corporate and securities law were identified as rich sources of law for effective banking supervision.
