FSB issues guidance on resolution of ‘too big to fail' lenders
The Financial Stability Board (FSB), the Basel-based body that co-ordinates international efforts on promoting financial regulation and stability, on Tuesday issued guidelines designed to aid financial authorities and firms in 24 countries and jurisdictions to put in place requirements on how to recover and resolve systemically important financial institutions (Sifis).
Recovery and resolution planning is part of the Key Attributes of Effective Resolution Regimes for Financial Institutions –
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