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Working group minutes: strengthening crisis management

Maintaining a strong team of resolution experts can be difficult for smaller central banks

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Preparing for a crisis at central banks is tricky. Staff spend hours preparing for a resolution event that might never happen in their tenure at the organisation. But when a crisis hits, they may wish they had spent more hours creating a stringent resolution framework.

Central bankers from Africa, Europe, Asia-Pacific and the Americas joined two sessions of Central Banking’s interbank working groups on February 25. They discussed the challenges associated with designing, implementing and

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