Enact a law/amend existing law on use of public funds (recapitalization law) which ensures, among other points, that a) only systemic and viable banks can receive capital support from public sources, b) prior to injection of public funds, existing shareholders shall bear the first loss, c) the government remains at arm’s length with no influence on day-to-day management and d) the government shall exit its shareholding in a timely fashion.
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