Germany : Financial Sector Assessment Program-Technical Note-Crisis Management and Financial Safety Nets.

Much progress on resolution planning and preparedness has been achieved since the last FSAP in 2016. Germany's resolution planning is well advanced, with resolution powers broadly in line with best practice and well-developed internal resolution processes. However, the large weight of Less Sign...

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Bibliographic Details
Corporate Author: International Monetary Fund. Monetary and Capital Markets Department
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2022.
Series:IMF Staff Country Reports; Country Report ; No. 2022/271
Subjects:
Online Access:Full text available on IMF
Description
Summary:Much progress on resolution planning and preparedness has been achieved since the last FSAP in 2016. Germany's resolution planning is well advanced, with resolution powers broadly in line with best practice and well-developed internal resolution processes. However, the large weight of Less Significant Institutions (LSIs) in Germany's financial sector calls for further progress on planning for crisis management for smaller banks and the institutional protection schemes (IPSs) of which they are members.
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Physical Description:1 online resource (29 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students