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...

Korea experienced significant financial distress in the late 1990s along with some of its Asian neighbors. The authorities' experience in handling this crisis and the experience in handling the fallout from the global financial crisis in 2007�08 helped them establish a broad crisis management...

This Technical Note analyzes crisis preparedness and management framework in Austria. The global crisis revealed weaknesses in Austria's financial stability policy framework. Austria needs to put in place a special bank resolution regime to resolve problem banks in a manner that does not...