## Cross-Border Bank Resolution - Recent Developments

_Policy Papers, June 2, 2014_

## Source details

**Canonical URL:** [Cross-Border Bank Resolution - Recent Developments](https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/cross-border-bank-resolution-recent-developments-pp4872)

## Other formats

- [Markdown version](/en/publications/policy-papers/issues/2016/12/31/cross-border-bank-resolution-recent-developments-pp4872/index.md)
- [Structured JSON version](/en/publications/policy-papers/issues/2016/12/31/cross-border-bank-resolution-recent-developments-pp4872/index.json)
- [Bundle manifest](/en/publications/policy-papers/issues/2016/12/31/cross-border-bank-resolution-recent-developments-pp4872/bundle-manifest.json)

## Bibliographic details
- Published: June 2, 2014
- Series: Policy Papers
- Stock No: ISBN

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### Overview
- 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.

### Major findings
- 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.

### Subjects covered
- Bank resolution
- International banks
- International cooperation
- Private sector
- Public sector

### Publication metadata (as presented)
- 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, June 2, 2014*

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## Content in this bundle

- **Cross-Border Bank Resolution: Recent Developments; IMF Policy Paper; June 2, 2014.**
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  - [Cross-Border Bank Resolution: Recent Developments; IMF Policy Paper; June 2, 2014. (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/np/pp/eng/2014/_060214.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/cross-border-bank-resolution-recent-developments-pp4872_