Spain : Safety Net, Bank Resolution, and Crisis Management Framework: Technical Note.

This technical note examines the safety net, bank resolution, and crisis management framework in Spain. The financial safety net architecture for the banking sector comprises the Banco de Espana (BdE), the Fondo de Garantia de Depositos (FGD), and the Fondo de Reestructuracion Ordenada Bancaria (FRO...

Celý popis

Podrobná bibliografie
Korporativní autor: International Monetary Fund
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2012.
Edice:IMF Staff Country Reports; Country Report ; No. 2012/145
On-line přístup:Full text available on IMF
Popis
Shrnutí:This technical note examines the safety net, bank resolution, and crisis management framework in Spain. The financial safety net architecture for the banking sector comprises the Banco de Espana (BdE), the Fondo de Garantia de Depositos (FGD), and the Fondo de Reestructuracion Ordenada Bancaria (FROB). The note discusses that institutional roles and instruments of the FROB and the FGD need to be realigned. Given the current crisis, authorities should make it a key priority to promptly improve the tools to resolve banks in line with recent international practices.
Popis jednotky:<strong>Off-Campus Access:</strong> No User ID or Password Required
<strong>On-Campus Access:</strong> No User ID or Password Required
Fyzický popis:1 online resource (39 pages)
Médium:Mode of access: Internet
ISSN:1934-7685
Přístup:Electronic access restricted to authorized BRAC University faculty, staff and students