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This technical note on Austria focuses on bank resolution and crisis management. This note assesses and makes …
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the various CBS business units and recruiting an Information Technology (IT) professional to join the team. The Accounting … and Finance Department (AFD) is making progress in implementing accrual accounting, and accounting for foreign exchange … operations (International Accounting Standard (IAS) 21), and has created a new role of Reconciliation Officer to ensure all cash …
Persistent link: https://www.econbiz.de/10011986750
Hong Kong SAR has significantly strengthened its crisis management arrangements through a thorough update of the framework for resolution of financial institutions, as recommended by the 2014 Financial Sector Assessment Program. The 2017 Financial Institutions (Resolution) Ordinance (FIRO)...
Persistent link: https://www.econbiz.de/10012604075
The Italian financial safety net and crisis-management framework has been substantially strengthened since the 2013 FSAP. Among others, the authorities have enhanced the early intervention framework, introduced a new resolution regime (including recovery and resolution planning requirements),...
Persistent link: https://www.econbiz.de/10012266788
This Technical Note discusses the findings and recommendations made in the Financial Sector Assessment Program for Finland in the area of contingency planning and crisis management (CPCM). Finland's CPCM framework rests on a strong foundation. In addition to the new European Union framework,...
Persistent link: https://www.econbiz.de/10011690688
This Technical Assistance Report evaluates the banking sector safety net and crisis management in Botswana. The current legislative framework guiding bank resolution and financial sector crisis management is weak, and the authorities have embarked on a revision. The Bank of Botswana lacks some...
Persistent link: https://www.econbiz.de/10011691263
This Technical Note assesses the level of implementation of the Contingency Planning and Crisis Management Framework in New Zealand. Work has already begun to identify necessary resources, such as rosters of potential statutory managers and personnel from government agencies and the private...
Persistent link: https://www.econbiz.de/10011697663
This Technical Note evaluates the financial safety net and crisis management for Bulgaria. Since the 2008 IMF Financial Sector Assessment Program Update, Bulgaria's financial safety net and crisis management arrangements, including bank resolution and contingency planning, have improved. In...
Persistent link: https://www.econbiz.de/10011698079