Colombian paper says resolution co-operation is needed in the region

Authors examine how resolution plans have evolved and seek to find the gaps

colombia

New research published by the Central Bank of Colombia says banking expansion in the region should be accompanied by co-operation between supervision and resolution authorities in order to increase financial stability.

In Preparation for a systemic crisis in Colombia: resolution framework, evidence and lessons learned, María Agudelo and Clark Granger evaluate resolution frameworks put in place by the Colombian authorities in the past, and conclude living wills and cross-border issues remain a

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