Colombian paper says resolution co-operation is needed in the region

colombia

New research published by the Central Bank of Colombia says banking expansion in the region should be accompanied by co-operation between supervision and resolution authorities in order to increase financial stability.

In Preparation for a systemic crisis in Colombia: resolution framework, evidence and lessons learned, María Agudelo and Clark Granger evaluate resolution frameworks put in place by the Colombian authorities in the past, and conclude living wills and cross-border issues remain a

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