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),...

This Technical Assistance report makes recommendations regarding introduction of an effective framework for contingency planning and crisis management, including bank resolution and deposit guarantees, in Slovenia. It is recommended that a communication plan and strategy be developed, both...

The U.K. financial sector is globally systemic, open, and complex. It has weathered the COVID-19 pandemic fittingly, thanks to the post-GFC reforms, a proactive macroprudential stance, and an effective multipronged response to maintain financial stability. Brexit uncertainties are being handled...

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)...

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,...

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...

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...