18 December 2012 Public responses to July 2011 consultative document Effective Resolution of Systemically Important Financial InstitutionsPublic feedback received from 15 entities on FSB's consultative document on Recovery and Resolution Planning published on 2 November 2012.
2 November 2012 Making the Key Attributes Requirements OperationalThis consultative documents seeks feedback on recovery triggers, resolution strategies, and identification of critical functions. Comments should be sent to [email protected] by 7 December 2012.
Since the adoption of the FSB Key Attributes of Effective Resolution Regimes for Financial Institutions ("the Key Attributes")1 as a new international standard for resolution regimes in November 2011, many jurisdictions have initiated reforms to align national resolution regimes and institutional frameworks with the Key Attributes. Overall, progress is encouraging. Implementation of the Key Attributes […]
This document sets out the critical policy measures that form the parts of the FSB SIFI Framework. Full implementation is targeted for 2019.
The Key Attributes are a new internationally-agreed standard that sets out the responsibilities, instruments and powers that national resolution regimes should have to resolve a SIFI as well as requirements for resolvability assessments and recovery and resolution planning for G-SIFIs.
On 19 July 2011, the FSB published its consultative document on Effective Resolution of SIFIs. Feedback received from 59 entities on the document are published here.
This consultative document contains a comprehensive package of proposed policy measures to improve the capacity of authorities to resolve SIFIs. Comments should be sent to [email protected] by 2 September 2011.
This report recommends a policy framework for addressing the systemic and moral hazard risks associated with systemically important financial institutions (SIFIs).
The objective of financial crisis management is to seek to prevent serious domestic or international financial instability that would have an adverse impact on the real economy.
The objective of financial crisis management is to seek to prevent serious domestic or international financial instability that would have an adverse impact on the real economy. In so doing, authorities will be mindful of the impact interventions may have on the public purse and will, as far as possible: maintain incentives for financial institutions […]