Belgium : Technical Note on Crisis Management and Bank Resolution Framework

Author/Editor:

International Monetary Fund. European Dept.

Publication Date:

May 24, 2013

Electronic Access:

Free Full Text (PDF file size is 606 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The ability of the National Bank of Belgium (NBB) to provide emergency liquidity assistance to solvent but temporarily illiquid firms is well tested and satisfactory. Belgian authorities are testing draft guidelines for recovery plans through pilot projects with selected firms that are of systemic importance. Introducing recurrent crisis management simulations would allow the authorities to test the coordination arrangements and potential application of the crisis management toolkit. It is commended that the NBB can enhance the framework for orderly and effective resolution.

Series:

Country Report No. 13/135

Subject:

English

Publication Date:

May 24, 2013

ISBN/ISSN:

9781484349663/1934-7685

Stock No:

1BELEA2013005

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

37

Please address any questions about this title to publications@imf.org