South Africa

This book PDF is perfect for those who love Business & Economics genre, written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund which was released on 03 March 2015 with total hardcover pages 42. You could read this book directly on your devices with pdf, epub and kindle format, check detail and related South Africa books below.

South Africa
Author : International Monetary Fund. Monetary and Capital Markets Department
File Size : 48,9 Mb
Publisher : International Monetary Fund
Language : English
Release Date : 03 March 2015
ISBN : 9781498368193
Pages : 42 pages
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South Africa by International Monetary Fund. Monetary and Capital Markets Department Book PDF Summary

This Technical Note discusses recommendations made during the Financial Sector Assessment Program (FSAP) for South Africa in the areas of contingency planning, crisis management, and bank resolution. The proposed scope of the new resolution regime and of the South African Reserve Bank’s (SARB) jurisdiction as the resolution authority remains unclear. It is suggested that authorities should consider focusing on all deposit-taking institutions and only those other financial institutions that are currently deemed systemic. Non-deposit-taking financial institutions that are not found to be systemic should be resolved by the Prudential Authority or the Market Conduct Authority, whichever is the lead regulator.

South Africa

This Technical Note discusses recommendations made during the Financial Sector Assessment Program (FSAP) for South Africa in the areas of contingency planning, crisis management, and bank resolution. The proposed scope of the new resolution regime and of the South African Reserve Bank’s (SARB) jurisdiction as the resolution authority remains

Get Book
South Africa  Financial Sector Assessment Program Technical Note on Financial Safety Net and Crisis Management

This Technical Note sets out the findings and recommendations of the Financial Sector Assessment Program (FSAP) for South Africa on financial safety net and crisis-management arrangements. It primarily focuses on the arrangements for early intervention, recovery, resolution, and financial safety nets for banks in South Africa. To a lesser extent,

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The financial safety net framework in Botswana is incomplete, while crisis preparedness and management structures must be expanded.2 The Bank of Botswana (BoB) lacks an emergency liquidity support mechanism for commercial banks, bank resolution and liquidation remain under the Companies Act, and there is no deposit insurance system. A 2016 TA

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This Technical Note assesses the state of crisis preparedness and safety net in Romania. The bank resolution and crisis management toolkit has been significantly revamped since the last Financial Sector Assessment Program. The implementation of the Bank Resolution and Recovery Directive in Romania enhanced the National Bank of Romania’s (

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This report underlies Canada’s Financial Sector Assessment Program (FSAP) in the areas of crisis management and blank resolution. The provincial deposit insurance systems (DIS) and resolution frameworks are highly heterogeneous and the FSAP’s analysis suggests that the preparedness to overcome financial stress should be enhanced. The IMF report

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The Bulgarian financial safety net comprises four domestic authorities. The Bulgarian National Bank (BNB) is the monetary authority, and the prudential and resolution authority for banks. The Financial Supervision Commission (FSC) is the prudential and resolution authority for investment firms, and the prudential supervisor for other nonbank financial institutions. The

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Arrangements for crisis management, bank and group resolution, and the financial sector safety nets are well developed and tested. Roles, responsibilities, accountabilities and information sharing arrangements among the relevant bodies, the Ministry of Finance (MOF), the Finanstilsynet (FSA), Norges Bank (NB) and the Banks' Guarantee Fund (BGF), the private sector

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