IMF/ World Bank meetings: lack of resolution regimes a key concern

IMF headquarters in Washington DC

Currency wars may have hogged the headlines. But another issue oft voiced at the IMF/ World Bank meetings this weekend has been the continuing lack of an adequate resolution regime for cross-border banks.

More than two years after the collapse of Lehman Brothers threatened to bring the global financial system to a standstill, officials and bankers agree that devising a resolution regime for cross-border banks is pivotal in ensuring financial firms are no longer too big or interconnected to fail.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: