That requires an effective resolution regime.

这就需要一套有效的解散机制。

youdao

The objectives of the resolution regime differ from those of the Bankruptcy Code.

这一解决机制的目标与破产法的目标是有区别的。

youdao

's new Special Resolution Regime, instituted in the aftermath of Northern Rock.

鉴于北石的后果，英国也仿效FDIC设立了特别解决机构(Special Resolution Regime)。

youdao

That's why we are focused on a new resolution regime as part of a sweeping overhaul of the financial system.

CNN: Summers defends White House response to AIG bonuses

Without the resolution regime, regulators might face the same unappetising choices they had in 2008: allow the firm to go bankrupt (like Lehman Brothers) or bail it out (like AIG).

ECONOMIST: Regulation, trade and job creation

They also object to the resolution regime replacing bankruptcy.

ECONOMIST: Regulation, trade and job creation