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Czech Republic: Technical Note on Crisis Management and Bank Resolution Framework
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2012: Issue 173
Language:
English
Publication Date:
17 Jul 2012
DOI:
https://doi.org/10.5089/9781475506198.002
ISBN:
9781475506198
ISSN:
1934-7685
Pages:
31
Keywords:
ISCR; CR; bridge bank; bank resolution; bank management; bank insolvency; parent bank; problem bank; bank supervisor; Crisis management; Bank resolution framework; Crisis prevention; Financial sector stability; Global
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The Czech financial system is confronted with mounting risks that stem mainly from negative developments in the European Union (EU). This technical note focuses on crisis management and bank resolution framework for the Czech Republic. It summarizes the high-level observations of the mission based on its key findings and recommendations, and analyzes the existing institutional framework and coordination arrangements for crisis management. The note also examines the cross-border dimension of crisis preparedness and crisis management tools.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund