understood that, once stability returned, it will be prudent to have a crisis management framework in place to address systemic … are technically illegal. Because of the lack of such crisis provisions, in several past crises, ministers and governors … regulation or laws to the aftermath of the crisis. This technical note has been prepared in the context of the initiative …

; part three is bank resolution and deposit insurance; and part four gives crisis management arrangements …

This Technical Note reviews crisis management framework in Serbia. In light of the banking crisis in Serbia in late … that crisis management memoranda of understanding (MOUs) be urgently developed with the most important home supervisors. In … crisis management with the home jurisdictions of the largest investors in the country …

This technical note examines the safety net, bank resolution, and crisis management framework in Spain. The financial … the FROB and the FGD need to be realigned. Given the current crisis, authorities should make it a key priority to promptly …

This paper discusses Germany’s challenges and measures to strengthen crisis management arrangements. Bundesanstalt für … encompasses BaFin representatives for all three financial sectors. The Bundesbank maintains an internal crisis committee and a … steering committee. The crisis committee is chaired by a board member and combines expertise from various departments such as …

This technical note discusses the lessons learned from the financial crisis in Russia in 2008. The note summarizes key … monitoring and crisis management. It also covers crisis management tools, deals with legal protection, and assesses crisis …

This paper presents a technical note on Crisis Management Arrangements for the United States. The crisis has seen …