Russian Federation Financial Sector Assessment Program : Bank Resolution and Crisis Management Framework

By: Contributor(s): Resource type: Ressourcentyp: Buch (Online)Book (Online)Language: English Series: Financial Sector Assessment Program | World Bank E-Library ArchivePublisher: Washington, D.C : The World Bank, 2016Description: 1 Online-RessourceDOI: DOI: 10.1596/25264Online resources: Summary: The experiences of past financial crises have strengthened the Russian bank resolution framework. The resolution framework has been effective in preserving financial stability. The effectiveness of bank resolution could be improved. Introduction of the full range of resolution powers and safeguards recommended by the Financial Stability Board (FSB) Key Attributes (KAs) would improve the framework's effectiveness. Resolution measures should be taken without relying on the use of public funds. To ensure adequate bank capitalization, a comprehensive review of banks' asset portfolios and collateral valuations is warrantedPPN: PPN: 1724873113Package identifier: Produktsigel: ZDB-1-WBA
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