Guinea: Technical Assistance Report-Operationalization of the Statutory Special Resolution Regime
July 2, 2025
Summary
The report outlines the efforts of the International Monetary Fund (IMF) to assist the Central Bank of the Republic of Guinea (BCRG) in operationalizing a special resolution regime (SRR) for credit institutions. This initiative addresses the deficiencies in Guinea's financial safety net, which currently lacks a comprehensive resolution framework. The project involved enhancing staff capacity and developing resolution tools like partial sale and bridge institution. Key findings highlight the need for increased staffing and expertise, while recommendations focus on establishing a resolution function, drafting resolution plans, and ensuring that resolution tools will be supported by an adequate resolution funding mechanism. These measures aim to strengthen Guinea's financial stability and crisis management capabilities.
Keywords: Crisis management, Financial safety net, Financial stability, Guinea., Special resolution regime
Pages:
34
Volume:
2025
DOI:
Issue:
068
Series:
Technical Assistance Report No. 2025/068
Stock No:
TAREA2025068
ISBN:
9798229015141
ISSN:
3005-4575


