IMF Staff Country Reports

South Africa: Financial Sector Assessment Program-Technical Note on Financial Safety Net and Crisis Management

June 17, 2022

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Format: Chicago

International Monetary Fund. Monetary and Capital Markets Department "South Africa: Financial Sector Assessment Program-Technical Note on Financial Safety Net and Crisis Management", IMF Staff Country Reports 2022, 182 (2022), accessed 12/7/2025, https://doi.org/10.5089/9798400214486.002

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Summary

This Technical Note sets out the findings and recommendations of the Financial Sector Assessment Program (FSAP) for South Africa on financial safety net and crisis-management arrangements. It primarily focuses on the arrangements for early intervention, recovery, resolution, and financial safety nets for banks in South Africa. To a lesser extent, the note also addresses issues relating to recovery and resolution applicable to insurers and Financial Market Infrastructure (FMI).

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

Keywords: Africa, B. resolution planning policy, Bank resolution, Bank resolution framework, Crisis management, crisis management Group, Crisis resolution, D. FMI resolution, FSAP's finding, Global, IMF-World Bank Financial Sector Assessment Program