Publication:
Strengthening Safeguards in Bank Resolution Frameworks in Emerging and Developing Countries

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dc.contributor.authorWorld Bank Group
dc.date.accessioned2020-05-13T14:46:53Z
dc.date.available2020-05-13T14:46:53Z
dc.date.issued2020-05-05
dc.description.abstractThe paper will focus on the resolution frameworks of a sample of 12 countries taken from 6 regions. The review of the sample countries is used to analyze issues that may be relevant for other countries and to discuss potential challenges faced in implementing effective safeguards. The remainder of the paper is organized as follows: Section two discusses the rationale for significant powers given to the resolution authority under the key attributes and the far-reaching implications of these powers. Section three offers a brief overview of the safeguards that are incorporated in the key attributes, describes the rationale and intent of each safeguard and how to implement them to support an efficient bank resolution framework. Section four reviews the observed features of safeguards of current resolution regimes in 11 emerging and developing countries, and one country that developed into an advanced economy, to identify potential areas where implementing effective safeguards may require significant changes in various aspects of the local jurisprudence. Building upon the observations made in section four, section five aims to provide guidance for designing sound safeguards in bank resolution frameworks of emerging and developing countries. The paper ends with a section highlighting the key take-aways. This paper is a research note reflecting the authors’ review work and experiences and does not reflect in any way the views of the World Bank or IMF or their management or Boards.en
dc.identifierhttp://documents.worldbank.org/curated/en/350101588830865894/Strengthening-Safeguards-in-Bank-Resolution-Frameworks-in-Emerging-Developing-Countries-F
dc.identifier.doi10.1596/33731
dc.identifier.urihttps://hdl.handle.net/10986/33731
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesFinance, Competitiveness and Innovation Insight;
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectFINANCIAL SECTOR REFORM
dc.subjectEMERGING MARKET ECONOMIES
dc.subjectFEDERAL DEPOSIT INSURANCE CORPORATION
dc.subjectFINANCIAL SAFETY NET
dc.subjectFINANCE INFRASTRUCTURE
dc.subjectGLOBAL FINANCIAL CRISIS
dc.subjectFINANCIAL OVERSIGHT
dc.subjectFINANCIAL RESOLUTION REGIME
dc.subjectBANK RESOLUTION FRAMEWORK
dc.subjectCRISIS MANAGEMENT
dc.subjectFINANCIAL STABILITY BOARD
dc.subjectSAFEGUARDS
dc.titleStrengthening Safeguards in Bank Resolution Frameworks in Emerging and Developing Countriesen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleStrengthening Safeguards in Bank Resolution Frameworks in Emerging and Developing Countries
okr.date.disclosure2020-05-07
okr.doctypePublications & Research::Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/350101588830865894/Strengthening-Safeguards-in-Bank-Resolution-Frameworks-in-Emerging-Developing-Countries-F
okr.guid350101588830865894
okr.identifier.doi10.1596/33731
okr.identifier.externaldocumentum090224b0878d4ac6_1_0
okr.identifier.internaldocumentum32012091
okr.identifier.report148280
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/350101588830865894/pdf/Strengthening-Safeguards-in-Bank-Resolution-Frameworks-in-Emerging-Developing-Countries-F.pdfen
okr.topicFinance and Financial Sector Development::Bankruptcy and Resolution of Financial Distress
okr.topicFinance and Financial Sector Development::Deposit Insurance
okr.topicFinance and Financial Sector Development::Financial Crisis Management & Restructuring
okr.topicFinance and Financial Sector Development::Financial Regulation & Supervision
okr.topicFinance and Financial Sector Development::Financial Structures
okr.unitFinance, Competitiveness and Innovation Global Practice
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