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Guidebook Understanding Bank Recovery and Resolution in the EU: a Guidebook to the BRRD … attributes. From January 1, 2015, all EU Member States were required to transpose the Bank Recovery and Resolution Directive … (BRRD) into their national law. A key element of the new powers is the bail-in tool, requiring banks to recapitalize and …
Persistent link: https://www.econbiz.de/10012247960
The Financial Sector's Cybersecurity: Regulation and Supervision identifies prevalent concepts and practices and presents them in a way for financial sector authorities to consider and apply to their respective jurisdictions. Starting with the debate of whether cyber-specific regulations are...
Persistent link: https://www.econbiz.de/10012645257
The economy continues to contract, albeit at a somewhat slower pace. Public finances improved in 2021, but only because spending collapsed faster than revenue generation. Testament to the continued atrophy of Lebanon's economy, the Lebanese Pound continues to depreciate sharply. The sharp...
Persistent link: https://www.econbiz.de/10013538293
This report provides an assessment of the current state of development of financial safety nets and bank resolution …
Persistent link: https://www.econbiz.de/10012646076
This report is a stock-take of the state of prudential regulation and supervision of fintech. It focuses on prudential questions related to three primary products-transaction accounts (deposits and e-money accounts), credit, and payments. As such, the report covers e-money providers, P2P...
Persistent link: https://www.econbiz.de/10012646858
(most) of their losses to taxpayers instead of banks' owners or investors. The political realities following the bail-out of … Resolution Directive (BRRD) became one of the most important building blocks of the Banking Union. The BRRD is the outcome of a … long negotiation process. The new bank recovery and resolution framework has wide reaching implications, both within the EU …
Persistent link: https://www.econbiz.de/10012247959
bureau(s), the World Bank Group has supported supervisors in understanding and carrying out their duties as it relates to …
Persistent link: https://www.econbiz.de/10012647622
During Myanmar's decade of reforms, financial sector reforms were widely recognized to be a critical underpinning of Myanmar's democratization process, enabling the transition to a more egalitarian, accessible economy. Accordingly, the government developed a program of wide-ranging financial...
Persistent link: https://www.econbiz.de/10013414010
This note examines the observance by the National Bank of the Republic of Belarus (NBRB) of the good practices on … formal principle-by-principle assessment. It was conducted as part of the joint IMF-World Bank Financial Sector Assessment … the Statute of the National Bank of the Republic of Belarus and the Banking Code. The monetary policy process is generally …
Persistent link: https://www.econbiz.de/10013413749
the rationale and intent of each safeguard and how to implement them to support an efficient bank resolution framework … section four, section five aims to provide guidance for designing sound safeguards in bank resolution frameworks of emerging … reflecting the authors' review work and experiences and does not reflect in any way the views of the World Bank or IMF or their …
Persistent link: https://www.econbiz.de/10012647173