Insurance companies have a proven and sound resolution mechanism that enables an orderly wind down over time.
On 6 June 2012, the European Commission adopted a legislative proposal for a harmonised bank recovery and resolution mechanism.
Nobody had accountability for resolution mechanism.
Disputes involving neighbors often have no official resolution mechanism.
A resolution mechanism to address failure of financial firms and to protect consumers, including management of the deposit insurance scheme.
American officials said the Attorney General was expected to decide by Monday whether to send the dispute to the resolution mechanism.
The couple, Mr. Sperling added, "certainly challenge each other, but they seem to have an effective resolution mechanism.
The proposed alternative dispute resolution mechanisms can offer a solution, as can making public the practices of Member States.
Moreover, it is also proposed to establish a robust and credible excessive debt prevention and resolution mechanism for the euro area.
What we urgently need is a clear resolution mechanism for the financial sector so that it can work again.