Key Attributes: Difference between revisions
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imported>Doug Williamson (Add See also references as per Glossary.) |
imported>Doug Williamson m (Spacing 22/8/13) |
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(KAs). | |||
<i>Bank resolution.</i> | <i>Bank resolution.</i> | ||
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. | ||
KAs include two techniques for resolving standard commercial banks: | KAs include two techniques for resolving standard commercial banks: | ||
#Liquidation and Payout (L&P) | |||
#Purchase and Assumption (P&A) | |||
Revision as of 13:45, 22 August 2013
(KAs).
Bank resolution.
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.
KAs include two techniques for resolving standard commercial banks:
- Liquidation and Payout (L&P)
- Purchase and Assumption (P&A)
