Russian Federation : Financial Sector Assessment Program: Technical Note-Bank Resolution and Crisis Management Framework.

This Technical Note discusses the findings and recommendations made in the Financial Sector Assessment Program for the Russian Federation in the areas of bank resolution and a crisis management framework. The findings reveal that the experiences of past financial crises have strengthened the Russian...

Descrizione completa

Dettagli Bibliografici
Ente Autore: International Monetary Fund. European Dept
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2016.
Serie:IMF Staff Country Reports; Country Report ; No. 2016/308
Accesso online:Full text available on IMF
LEADER 01896cas a2200241 a 4500
001 AALejournalIMF017135
008 230101c9999 xx r poo 0 0eng d
020 |c 5.00 USD 
020 |z 9781475538502 
022 |a 1934-7685 
040 |a BD-DhAAL  |c BD-DhAAL 
110 2 |a International Monetary Fund.  |b European Dept. 
245 1 0 |a Russian Federation :   |b Financial Sector Assessment Program: Technical Note-Bank Resolution and Crisis Management Framework. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2016. 
300 |a 1 online resource (51 pages) 
490 1 |a IMF Staff Country Reports 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
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 discusses the findings and recommendations made in the Financial Sector Assessment Program for the Russian Federation in the areas of bank resolution and a crisis management framework. The findings reveal that the experiences of past financial crises have strengthened the Russian bank resolution framework. The resolution framework has been effective in preserving financial stability. Since January 2014, 28 banks have been placed in open bank resolution, and three were resolved by purchase and assumption transactions. The effectiveness of bank resolution could be improved. Introduction of the full range of resolution powers and safeguards recommended by the Financial Stability Board Key Attributes would improve the framework's effectiveness. 
538 |a Mode of access: Internet 
830 0 |a IMF Staff Country Reports; Country Report ;  |v No. 2016/308 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/002/2016/308/002.2016.issue-308-en.xml  |z IMF e-Library