Strengthening Safeguards in Bank Resolution Frameworks in Emerging and Developing Countries

• Tác giả: Barend Jansen
• Ngôn ngữ: eng
• Ký hiệu phân loại: 332.15 International banks
• Thông tin xuất bản: World Bank, Washington, DC, 2020
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 328217
• Chủ đề: 1. BANK RESOLUTION FRAMEWORK; 2. BANKING REGULATION; 3. EMERGING MARKET ECONOMIES; 4. FINANCIAL INFRASTRUCTURE; 5. FINANCIAL SAFEGUARDS

Tóm tắt

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.