Share

Resolution of Cross-Border Banks - A Proposed Framework for Enhanced Coordination

2010-07-23 Business & Economics
Download Resolution of Cross-Border Banks - A Proposed Framework for Enhanced Coordination PDF Online Free

Author :
Release : 2010-07-23
Genre : Business & Economics
Kind : eBook
Book Rating : 260/5 ( reviews)

GET EBOOK


Book Synopsis Resolution of Cross-Border Banks - A Proposed Framework for Enhanced Coordination by : International Monetary Fund. Legal Dept.

Download or read book Resolution of Cross-Border Banks - A Proposed Framework for Enhanced Coordination written by International Monetary Fund. Legal Dept.. This book was released on 2010-07-23. Available in PDF, EPUB and Kindle. Book excerpt: In March 2009, the Fund established a new Framework Administered Account to administer external financial resources for selected Fund activities (the “SFA Instrument”). The financing of activities under the terms of the SFA Instrument is implemented through the establishment and operation of a subaccount within the SFA. This paper requests Executive Board approval to establish the AFRITAC Central subaccount under the terms of the SFA Instrument.

Resolution of Cross-border Banks

2010 Bank failures
Download Resolution of Cross-border Banks PDF Online Free

Author :
Release : 2010
Genre : Bank failures
Kind : eBook
Book Rating : /5 ( reviews)

GET EBOOK


Book Synopsis Resolution of Cross-border Banks by :

Download or read book Resolution of Cross-border Banks written by . This book was released on 2010. Available in PDF, EPUB and Kindle. Book excerpt: "The recent financial crisis has given renewed urgency to the need for resolution systems for financial institutions, which both safeguard financial stability and limit moral hazard. However, experience demonstrates that these systems will not be effective unless progress is also made in developing a framework that applies on a cross-border basis. Since many systemically important financial groups operate globally, an uncoordinated application of resolution systems by national authorities will make it much more difficult to both secure the continuity of essential functions (thereby limiting contagion), and ensure that shareholders and creditors bear the financial burden of the resolution process."--Executive summary.

Cross-Border Bank Resolution - Recent Developments

2014-02-06 Business & Economics
Download Cross-Border Bank Resolution - Recent Developments PDF Online Free

Author :
Release : 2014-02-06
Genre : Business & Economics
Kind : eBook
Book Rating : 287/5 ( reviews)

GET EBOOK


Book Synopsis Cross-Border Bank Resolution - Recent Developments by : International Monetary Fund

Download or read book Cross-Border Bank Resolution - Recent Developments written by International Monetary Fund. This book was released on 2014-02-06. Available in PDF, EPUB and Kindle. Book excerpt: Developing an effective framework for cross-border resolution is a key priority in international regulatory reform. Large bank failures during the global financial crisis brought home the lack of adequate tools for resolving “too-big-to-fail” institutions. In cross-border cases, misaligned incentives and lack of robust mechanisms for resolution and cross-border cooperation left some country authorities with little choice but to take unilateral actions, which contributed to the high fiscal costs of the crisis and resulted in disorderly resolution in some cases

Czech Republic

2012-07-17 Business & Economics
Download Czech Republic PDF Online Free

Author :
Release : 2012-07-17
Genre : Business & Economics
Kind : eBook
Book Rating : 198/5 ( reviews)

GET EBOOK


Book Synopsis Czech Republic by : International Monetary Fund

Download or read book Czech Republic written by International Monetary Fund. This book was released on 2012-07-17. Available in PDF, EPUB and Kindle. Book excerpt: The Czech financial system is confronted with mounting risks that stem mainly from negative developments in the European Union (EU). This technical note focuses on crisis management and bank resolution framework for the Czech Republic. It summarizes the high-level observations of the mission based on its key findings and recommendations, and analyzes the existing institutional framework and coordination arrangements for crisis management. The note also examines the cross-border dimension of crisis preparedness and crisis management tools.

People’s Republic of China–Hong Kong Special Administrative Region

2014-07-17 Business & Economics
Download People’s Republic of China–Hong Kong Special Administrative Region PDF Online Free

Author :
Release : 2014-07-17
Genre : Business & Economics
Kind : eBook
Book Rating : 647/5 ( reviews)

GET EBOOK


Book Synopsis People’s Republic of China–Hong Kong Special Administrative Region by : International Monetary Fund. Monetary and Capital Markets Department

Download or read book People’s Republic of China–Hong Kong Special Administrative Region written by International Monetary Fund. Monetary and Capital Markets Department. This book was released on 2014-07-17. Available in PDF, EPUB and Kindle. Book excerpt: This Technical Note on Crisis Management and Bank Resolution Framework was prepared in the context of the Financial Sector Assessment Program for the People’s Republic of China–Hong Kong Special Administrative Region (HKSAR). Overall, the existing institutional framework facilitates communication and coordination domestically, as well as on a cross-border basis. Information sharing and coordination among domestic regulatory authorities and with the Government is undertaken through a variety of formal mechanisms, which are supported by sound legal bases for the exchange of confidential information. There are complementary structures in place for macro- and micro-prudential supervision that contribute to the prevention and identification of problems in banks. Market-wide or bank intrinsic risk issues will be identified by macroprudential surveillance and bank supervision in the Hong Kong Monetary Authority, or by other financial sector regulatory bodies. The deposit protection scheme is transparent, and trusted; however, steps should be taken to enhance efficiency of pay-outs and to ensure the scheme’s sustainability.

You may also like...