The voluminous resolution plans banks are required to submit to regulators are often set aside in the case of actual bank failures. There are far more efficient ways to ensure orderly bank resolutions ...
"Bank-specific insolvency proceedings have been adopted in the U.S. and other G20 nations to prevent future taxpayer-funded bank bailouts," writes Virág Blazsek, a lecturer at the University of Leeds ...
Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation This paper discusses Paraguay’s Technical Assistance report on bank resolution framework and the deposit guarantee fund.
WASHINGTON, October 13, 2021 – The World Bank Accountability Mechanism (AM) today issued Interim Operating Procedures for its new Dispute Resolution Service (DRS), setting out the process to be ...
This technical assistance report on Georgia focuses on operationalizing the new bank recovery and resolution frameworks. The Georgian authorities have indicated their interest in operationalizing ...
The Dispute Resolution Service (DRS) was established by the World Bank Board of Executive Directors in 2020 as part of the World Bank Accountability Mechanism (AM) to facilitate a voluntary and ...
The Central Bank of Sri Lanka (CBSL) has extended the tenure of the Administrator appointed to Nation Lanka Finance PLC (NLFP) by a further six months, effective from yesterday (4), to ensure the ...