Designing Effective Legal Frameworks for Problem Banks and Resolving Banking Crises (CRE)

By Invitation 
Course No.: ST 09.10
Location: Singapore, Singapore (STI)
Date: August 31 - September 04 2009 (1 Week)
Language: English
Target Audience:
Senior legal officials of central banks, bank supervisors, ministries of finance, justice, and related government agencies involved with developing bank regulatory and bank insolvency frameworks and who are responsible for dealing with issues associatedwith weak banks and failing banks.
Qualifications:
By invitation only; the IMF's Legal Department will contact the authorities for their nominations, and then select participants from among the candidates nominated.
Course Description:
This one-week course, presented by the IMF's Legal Department, will cover the legal and institutional aspects of designing and enforcing frameworks for problem banks and bank insolvency. Particular emphasis will be placed on legal reforms that support the development of effective and efficient bank crisis resolution. Issues to be addressed include bank insolvency frameworks, effective early bank supervisory intervention mechanisms, non-performing loans, deposit insurance schemes, emergency liquidity financing, and problems with implementation of bank resolution frameworks through the courts. General creditors' rights topics of secured transactions, moveable property registries and credit bureaus may also be addressed.