The EU's framework for resolving cross-border banks faces inconsistent application, raising concerns about a level playing field. Karel Lannoo's analysis examines the implementation of cross-border bank resolution in the European Union, highlighting a lack of consistency in its application. The recent resolution of three banks revealed divergent approaches, suggesting that differences in supervisory practices significantly influence how distressed banks are managed across member states. This variability prompts questions regarding the EU's dedication to establishing equitable conditions for all financial institutions operating within its borders.

The analysis presented suggests a critical view of the EU's progress in implementing cross-border bank resolution, pointing to inconsistencies that undermine the goal of a level playing field. The author's focus on specific case studies indicates a detailed examination of practical application rather than theoretical constructs. The work likely appeals to professionals and academics interested in financial regulation, banking law, and European economic policy, offering insights into the challenges of harmonizing financial oversight.