Key Attributes: Difference between revisions
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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) | #Liquidation and Payout (L&P) | ||
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* [[Purchase and Assumption]] | * [[Purchase and Assumption]] | ||
* [[Resolution]] | * [[Resolution]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
Revision as of 17:25, 1 July 2022
(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.
Key Attributes include two techniques for resolving standard commercial banks:
- Liquidation and Payout (L&P)
- Purchase and Assumption (P&A)
