Selected Decisions and Selected Documents of the IMF, Fortieth Issue -- The 2017 Joint Review of the Standards and Codes Initiative

Prepared by the Legal Department of the IMF
As updated as of April 30, 2019

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ARTICLE V, SECTION 2(b)
Technical and Financial Services
Technical Services
Observance of Standards and Codes

THE 2017 JOINT REVIEW OF THE STANDARDS AND CODES INITIATIVE

  • 1. The Fund takes note of the Financial Stability Board’s Key Attributes of Effective Resolution Regimes for Financial Institutions (the “Key Attributes”) and the Key Attributes Assessment Methodology for the Banking Sector.

  • 2. The Fund endorses the Key Attributes as they apply to bank resolution regimes and the related assessment methodology for the purposes of undertaking assessments and preparing Reports on the Observance of Standards and Codes (ROSCs). (SM/17/166, 06/20/17)

Decision No. 16237-(17/63),

July 17, 2017

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