Canada : Financial Sector Assessment Program-Technical Note-Bank Resolution and Crisis Management.

This Technical Note on Financial Safety Net and Crisis Management for the Canada presents the findings and recommendations made in the Financial Sector Assessment Program for Canada in the areas of bank resolution and crisis management. The note is based on the findings of the mission conducted duri...

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Співавтор: International Monetary Fund. Monetary and Capital Markets Department
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2020.
Серія:IMF Staff Country Reports; Country Report ; No. 2020/023
Онлайн доступ:Full text available on IMF
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245 1 0 |a Canada :   |b Financial Sector Assessment Program-Technical Note-Bank Resolution and Crisis Management. 
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490 1 |a IMF Staff Country Reports 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This Technical Note on Financial Safety Net and Crisis Management for the Canada presents the findings and recommendations made in the Financial Sector Assessment Program for Canada in the areas of bank resolution and crisis management. The note is based on the findings of the mission conducted during October 29-November 14, 2018. The note highlights that Canada has maintained financial stability for a long period of time. Strong institutional settings, effective supervision, and sound financial sector policies have succeeded in preventing crisis situations. The last bank failure in Canada occurred more than twenty years ago. However, the lack of crisis events does not diminish the need for preparation and for revisions to the existing framework. A substantial part of the financial system is covered by federal crisis management and safety net arrangements that are well-established. Coordination among the federal agencies is strong, underpinned by inter-agency committees. The note recommends that the ongoing work of the authorities in completing and enhancing their contingency plans and implementing testing and readiness programs should be continued. 
538 |a Mode of access: Internet 
830 0 |a IMF Staff Country Reports; Country Report ;  |v No. 2020/023 
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