FSB sees room to improve resolution frameworks
Progress is most advanced in globally systemic banks’ home jurisdictions, but gaps remain
The Financial Stability Board warns in a new peer review that more work is needed to finalise resolution-planning frameworks and put them into operation, with some jurisdictions still lacking one.
Across FSB jurisdictions, 16 have a resolution framework in place, with three having put this in place since the regulator’s last peer review, in 2016. Eight jurisdictions have no framework and the FSB says they should adopt one “as a matter of priority”.
Published today (April 29), the latest peer
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