United States: Financial Sector Assessment Program-Review of the Key Attributes of Effective Resolution Regimes for the Banking and Insurance Sectors-Technical Note
July 7, 2015
Summary
This Technical Note reviews the key attributes of effective resolution regimes for the banking and insurance sectors in the United States. The United States’ resolution regime for financial institutions has been significantly enhanced since the financial crisis. Over the past several years, the U.S. authorities have undertaken significant efforts to develop the capability to deploy the Orderly Liquidation Authority, if and when needed, to safeguard financial stability. Of particular importance is the development of the so-called single point of entry strategy, designed to take advantage of most systemically important financial institutions in the United States being organized under a holding company structure.
Subject: Bank liquidation, Bank resolution framework, Bridge bank, Financial crises, Financial institutions, Insurance, Insurance companies
Keywords: bank holding company, Bank liquidation, Bank resolution framework, Bridge bank, CR, financial company, Global, Insurance, Insurance companies, ISCR, resolution authority, resolution power, resolution regime, resolution strategy, State insurance
Pages:
140
Volume:
2015
DOI:
Issue:
171
Series:
Country Report No. 2015/171
Stock No:
1USAEA2015007
ISBN:
9781513544045
ISSN:
1934-7685





