Key Attributes: Difference between revisions
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imported>Doug Williamson (Add See also references as per Glossary.) |
imported>Doug Williamson (Add link.) |
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<i>Bank resolution.</i> | <i>Bank resolution.</i> | ||
(KAs). | (KAs). | ||
In 2011, the G20 leaders endorsed the Financial Stability Board’s <i>Key Attributes of Effective Resolution for Financial Institutions </i>as an ‘international standard’ for resolving financial firms approaching - or already in - financial distress. | In 2011, the G20 leaders endorsed the Financial Stability Board’s <i>Key Attributes of Effective Resolution for Financial Institutions </i>as an ‘international standard’ for resolving financial firms approaching - or already in - financial distress. | ||
Key Attributes include two techniques for resolving standard commercial banks: | |||
#Liquidation and Payout (L&P) | |||
#Purchase and Assumption (P&A) | |||
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* [[Financial Stability Board]] | * [[Financial Stability Board]] | ||
* [[G20]] | * [[G20]] | ||
* [[Key]] | |||
* [[Liquidation and Payout]] | * [[Liquidation and Payout]] | ||
* [[Purchase and Assumption]] | * [[Purchase and Assumption]] | ||
* [[Resolution]] | * [[Resolution]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
Latest revision as of 07:38, 22 June 2023
Bank resolution.
(KAs).
In 2011, the G20 leaders endorsed the Financial Stability Board’s Key Attributes of Effective Resolution for Financial Institutions as an ‘international standard’ for resolving financial firms approaching - or already in - financial distress.
Key Attributes include two techniques for resolving standard commercial banks:
- Liquidation and Payout (L&P)
- Purchase and Assumption (P&A)
