Progress on resolution frameworks has slowed, FSB warns
Few jurisdictions have all the rules in place
Progress on establishing the legal framework for resolution regimes is slowing, the Financial Stability Board (FSB) warned in its latest peer review, published today (March 18).
Creating an effective regime for resolving failed banks in an orderly fashion is a central element of ending the problem of 'too-big-to-fail', and a major part of the FSB's work.
But the organisation said progress has slowed since its last review in 2013. "Indeed, many of the shortcomings identified in this review are
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