Colombia: Financial Sector Assessment Program-Technical Note-Crisis Management, Resolution, and Safety Nets

June 3, 2022

Summary

The first mission of the Colombia FSAP was conducted virtually during June 1–21, 2021. This technical note focuses on the developments in the crisis management framework for the banking sector. The assessment examines the Colombian financial safety net and crisis management arrangements in light of the international best practices and standards on resolution and deposit insurance standards.

Subject: Bank resolution, Bank resolution framework, Bridge bank, Crisis management, Financial crises, International organization, Monetary policy

Keywords: Bank resolution, Bank resolution framework, Bridge bank, Central America, coordination mechanism, Crisis management, D. Resolution tool, Global, Grupo de crisis Financiera, IMF-World Bank Financial Sector Assessment Program, Superintendencia Financiera de Colombia, virtual mission

Pages:
28
Volume:
2022
DOI:
https://doi.org/10.5089/9798400212697.002
Issue:
159
Series:
Country Report No. 2022/159
Stock No:
1COLEA2022008
ISBN:
9798400212697
ISSN:
1934-7685

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