{
  "title": "Cross-Border Bank Resolution - Recent Developments",
  "publication": "Policy Papers, June 2, 2014",
  "sourceUrl": "https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/cross-border-bank-resolution-recent-developments-pp4872",
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  "summary": "Developing an effective framework for cross-border resolution is a key priority in international regulatory reform. Large bank failures during the global financial crisis brought home the lack of adequate tools for resolving “too-big-to-fail” institutions.",
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      "heading": "Overview",
      "content": "- Developing an effective framework for cross-border resolution is a key priority in international regulatory reform.\n- Large bank failures during the global financial crisis brought home the lack of adequate tools for resolving “too-big-to-fail” institutions.\n- In cross-border cases, misaligned incentives and lack of robust mechanisms for resolution and cross-border cooperation left some country authorities with little choice but to take unilateral actions.\n- Unilateral actions contributed to the high fiscal costs of the crisis and resulted in disorderly resolution in some cases."
    },
    {
      "heading": "Major findings",
      "content": "- The global financial crisis exposed a lack of adequate tools for resolving large, cross-border banks.\n- Misaligned incentives across jurisdictions hindered coordinated resolution.\n- Absence of robust cross-border cooperation mechanisms led to unilateral national measures.\n- Unilateral measures increased fiscal costs and produced disorderly resolutions in certain instances."
    },
    {
      "heading": "Subjects covered",
      "content": "- Bank resolution\n- International banks\n- International cooperation\n- Private sector\n- Public sector"
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      "content": "- Publication date: June 2, 2014\n- Citation preview: Cross-Border Bank Resolution - Recent Developments, (USA: International Monetary Fund, 0) accessed 9/18/2026\n\nCross-Border Bank Resolution - Recent Developments, June 2, 2014\n\n---\n\n Content in this bundle\n\n- Cross-Border Bank Resolution: Recent Developments; IMF Policy Paper; June 2, 2014.\n  - Cross-Border Bank Resolution: Recent Developments; IMF Policy Paper; June 2, 2014. (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Cross-Border Bank Resolution: Recent Developments; IMF Policy Paper; June 2, 2014. (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/cross-border-bank-resolution-recent-developments-pp4872"
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    "Published: June 2, 2014",
    "Series: Policy Papers",
    "Stock No: ISBN",
    "Developing an effective framework for cross-border resolution is a key priority in international regulatory reform.",
    "Large bank failures during the global financial crisis brought home the lack of adequate tools for resolving “too-big-to-fail” institutions.",
    "In cross-border cases, misaligned incentives and lack of robust mechanisms for resolution and cross-border cooperation left some country authorities with little choice but to take unilateral actions.",
    "Unilateral actions contributed to the high fiscal costs of the crisis and resulted in disorderly resolution in some cases.",
    "The global financial crisis exposed a lack of adequate tools for resolving large, cross-border banks.",
    "Misaligned incentives across jurisdictions hindered coordinated resolution.",
    "Absence of robust cross-border cooperation mechanisms led to unilateral national measures.",
    "Unilateral measures increased fiscal costs and produced disorderly resolutions in certain instances.",
    "Bank resolution",
    "International banks",
    "International cooperation",
    "Private sector",
    "Public sector",
    "Publication date: June 2, 2014",
    "Citation preview: Cross-Border Bank Resolution - Recent Developments, (USA: International Monetary Fund, 0) accessed 9/18/2026",
    "**Cross-Border Bank Resolution: Recent Developments; IMF Policy Paper; June 2, 2014.**"
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