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EXECUTIVE SUMMARY AND KEY FINDINGS The United States’ resolution regime for financial institutions has been significantly enhanced since the financial crisis. The Orderly Liquidation Authority (OLA), introduced in 2010 as part of the Dodd-Frank Act (DFA), provides the authorities with a robust...
Persistent link: https://www.econbiz.de/10014412276
This Technical Note discusses results of banking sector stress tests on Norway. The Norwegian banking sector is generally well prepared to cope with possible external shocks, but imbalances have built up in recent years and could pose challenges. The stress-testing exercise included a...
Persistent link: https://www.econbiz.de/10014412393
This paper discusses findings and recommendations made in the Financial Sector Assessment Program Update for Denmark in the areas of crisis management, bank resolution, and financial-sector safety nets. The Danish resolution scheme has allowed the authorities to deal with mounting distress while...
Persistent link: https://www.econbiz.de/10014411865