Russian Federation Financial Sector Assessment Program : Bank Resolution and Crisis Management Framework

The experiences of past financial crises have strengthened the Russian bank resolution framework. The resolution framework has been effective in preserving financial stability. The effectiveness of bank resolution could be improved. Introduction of the full range of resolution powers and safeguards...

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Main Authors: International Monetary Fund, World Bank
Format: Report
Language:English
en_US
Published: World Bank, Washington, DC 2016
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2016/09/26803499/russian-federation-financial-sector-assessment-program-technical-note-bank-resolution-crisis-management-framework
http://hdl.handle.net/10986/25264
id okr-10986-25264
recordtype oai_dc
spelling okr-10986-252642021-05-25T08:52:38Z Russian Federation Financial Sector Assessment Program : Bank Resolution and Crisis Management Framework International Monetary Fund World Bank bank crisis resolution bank crisis management The experiences of past financial crises have strengthened the Russian bank resolution framework. The resolution framework has been effective in preserving financial stability. The effectiveness of bank resolution could be improved. Introduction of the full range of resolution powers and safeguards recommended by the Financial Stability Board (FSB) Key Attributes (KAs) would improve the framework’s effectiveness. Resolution measures should be taken without relying on the use of public funds. To ensure adequate bank capitalization, a comprehensive review of banks’ asset portfolios and collateral valuations is warranted. 2016-10-25T17:04:40Z 2016-10-25T17:04:40Z 2016-09 Report http://documents.worldbank.org/curated/en/2016/09/26803499/russian-federation-financial-sector-assessment-program-technical-note-bank-resolution-crisis-management-framework http://hdl.handle.net/10986/25264 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Financial Sector Assessment Program Europe and Central Asia Russian Federation
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic bank crisis resolution
bank crisis management
spellingShingle bank crisis resolution
bank crisis management
International Monetary Fund
World Bank
Russian Federation Financial Sector Assessment Program : Bank Resolution and Crisis Management Framework
geographic_facet Europe and Central Asia
Russian Federation
description The experiences of past financial crises have strengthened the Russian bank resolution framework. The resolution framework has been effective in preserving financial stability. The effectiveness of bank resolution could be improved. Introduction of the full range of resolution powers and safeguards recommended by the Financial Stability Board (FSB) Key Attributes (KAs) would improve the framework’s effectiveness. Resolution measures should be taken without relying on the use of public funds. To ensure adequate bank capitalization, a comprehensive review of banks’ asset portfolios and collateral valuations is warranted.
format Report
author International Monetary Fund
World Bank
author_facet International Monetary Fund
World Bank
author_sort International Monetary Fund
title Russian Federation Financial Sector Assessment Program : Bank Resolution and Crisis Management Framework
title_short Russian Federation Financial Sector Assessment Program : Bank Resolution and Crisis Management Framework
title_full Russian Federation Financial Sector Assessment Program : Bank Resolution and Crisis Management Framework
title_fullStr Russian Federation Financial Sector Assessment Program : Bank Resolution and Crisis Management Framework
title_full_unstemmed Russian Federation Financial Sector Assessment Program : Bank Resolution and Crisis Management Framework
title_sort russian federation financial sector assessment program : bank resolution and crisis management framework
publisher World Bank, Washington, DC
publishDate 2016
url http://documents.worldbank.org/curated/en/2016/09/26803499/russian-federation-financial-sector-assessment-program-technical-note-bank-resolution-crisis-management-framework
http://hdl.handle.net/10986/25264
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