Euro Area Policies : Financial Sector Assessment Program-Technical Note-Bank Resolution and Crisis Management.

The euro area (EA) bank resolution and crisis management arrangements have been strengthened considerably over recent years, but work remains to complete and unify the regime. The adoption of the Bank Recovery and Resolution Directive (BRRD) and the Single Resolution Mechanism Regulation (SRMR), and...

תיאור מלא

מידע ביבליוגרפי
מחבר תאגידי: International Monetary Fund. Monetary and Capital Markets Department
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 2018.
סדרה:IMF Staff Country Reports; Country Report ; No. 2018/232
גישה מקוונת:Full text available on IMF
תיאור
סיכום:The euro area (EA) bank resolution and crisis management arrangements have been strengthened considerably over recent years, but work remains to complete and unify the regime. The adoption of the Bank Recovery and Resolution Directive (BRRD) and the Single Resolution Mechanism Regulation (SRMR), and the establishment of the Single Supervisory Mechanism (SSM) and the Single Resolution Mechanism (SRM) provide a foundation to deal with problem banks. The authorities remain committed to completing the banking union through the establishment of a backstop for the Single Resolution Fund (SRF) and a European deposit insurance scheme (EDIS) and other measures, many of which are in line with recommendations in this report.
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תיאור פיזי:1 online resource (49 pages)
פורמט:Mode of access: Internet
ISSN:1934-7685
גישה:Electronic access restricted to authorized BRAC University faculty, staff and students