France : Financial Sector Assessment Program—Technical Note on Crisis Management and Bank Resolution Framework

Author/Editor:

International Monetary Fund. Monetary and Capital Markets Department

Publication Date:

July 1, 2013

Electronic Access:

Free Full text (PDF file size is 455 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This technical note discusses key findings of the assessment of Crisis Management and Bank Resolution Framework for France. The findings reveal that the crisis preparation, crisis identification, and crisis management processes in the supervisory authority (ACP) are comprehensive and well structured. Without having a formal U.S.-type “PCA-regulation,” the ACP identifies weak banks and requests appropriate remedial measures to be taken. The ACP also actively uses the Basel II Pillar 2 instrument to require add-ons on an individual-bank basis to the minimum regulatory capital requirements, reflecting the assessed riskiness of a bank.

Series:

Country Report No. 13/186

Subject:

English

Publication Date:

July 1, 2013

ISBN/ISSN:

9781484394960/1934-7685

Stock No:

1FRAEA2013008

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

29

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