FSB report highlights need for resolution preparedness
Financial Stability Board provides an update on progress in implementing policy measures to enhance the resolvability of systemically important financial institutions and highlights the need for resolution preparedness. It also discusses lessons learned from the COVID-19 pandemic, which confirmed the importance of ongoing work on resolvability, including for central counterparties (CCPs).
Publisher:
Global Standard-Setting Bodies
Release date:
Nov 2020
Type:
Consultative, discussion and issues paper
Topics:
Recovery and resolution, COVID-19
Sectors:
Banking, Insurance, Pensions, Securities
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