Sweden: Financial Sector Assessment Program Update: Technical Note on Contingency Planning, Crisis Management and Bank Resolution
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Summary:
This abstract reviews the recommendations made in the FSAP Update for Sweden in the areas of contingency planning, crisis management, and bank resolution. Although Sweden crisis management fared well during the global financial crisis, its authorities are reviewing the framework for managing financial crises to incorporate crisis lessons. They recommend a domestic institutional framework, an effective cross-border cooperation, an emergency liquidity assistance (ELA), a deposit guarantee scheme (DGS), and state support to systematically important financial institutions (SIFIs).
Series:
Country Report No. 2011/287
Subject:
Bank resolution Banking Crisis management Financial crises Financial sector policy and analysis Financial sector stability Lender of last resort
English
Publication Date:
September 16, 2011
ISBN/ISSN:
9781463903589/1934-7685
Stock No:
1SWEEA2011010
Pages:
36
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