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

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Date
2020-05
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Published
2020-05
Author(s)
Jansen, Barend
Rawlins, Marlon Rolston
Zanforlin, Luisa
Abstract
This paper takes a closer look at why safeguards are needed in bank resolution frameworks and how the principles included in a subset of the key attributes are expected to protect third party rights. Through a review of a set of issues encountered across a sample of 12 emerging and developing countries from 6 regions, the authors seek to highlight areas where safeguards may not easily be implemented, highlighting the potential need for legislative amendments, or a thorough review of administrative procedures, and or significant capacity development of the judicial profession.
Citation
Jansen, Barend; Rawlins, Marlon Rolston; Zanforlin, Luisa. 2020. Strengthening Safeguards in Bank Resolution Frameworks in Emerging and Developing Countries; Strengthening Safeguards in Bank Resolution Frameworks in Emerging and Developing Countries. Finance, Competitiveness and Innovation Insight;. © World Bank, Washington, DC. http://openknowledge.worldbank.org/handle/10986/33827 License: CC BY 3.0 IGO.
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