FSB says gaps remain in resolution regimes
Ten years since resolution framework was published, bank bailouts are still taking place
Gaps still remain in resolution frameworks worldwide, the Financial Stability Board says, as it takes stock of the 10 years that have passed since a global agreement on resolution.
“While progress towards resolvability has been significant, today’s question for policy-makers is whether the glass is half full or still half empty,” the FSB says in its 2021 resolution report, published today (December 7).
On the one hand, the FSB notes “almost all” of the key home and host jurisdictions of
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