Report on progress on resolution policies and frameworks issued by the Basel Committee
mercredi 06 juillet 2011 BRIThe Basel Committee on Banking Supervision today issued a report on
Resolution policies and frameworks - progress so far. The report
reflects the progress being made in the area of cross-border bank
resolution since the Basel Committee issued a series of
recommendations on this topic in March 2010.
The report also responds to the Financial Stability Board (FSB) November 2010 recommendations on systemically important financial institutions. In its recommendations, the FSB called for an assessment of the legislative and other changes to national regimes and policies needed to accomplish effective resolution of systemically important financial institutions. The Basel Committee report issued today is expected to provide an important input to the Key Attributes of Effective Resolution Regimes currently being developed by the FSB and which will be issued later this month.
http://www.bis.org/press/p110706.htm
The report also responds to the Financial Stability Board (FSB) November 2010 recommendations on systemically important financial institutions. In its recommendations, the FSB called for an assessment of the legislative and other changes to national regimes and policies needed to accomplish effective resolution of systemically important financial institutions. The Basel Committee report issued today is expected to provide an important input to the Key Attributes of Effective Resolution Regimes currently being developed by the FSB and which will be issued later this month.
http://www.bis.org/press/p110706.htm