Sweden : Financial Sector Assessment Program Update: Technical Note on Contingency Planning, Crisis Management and Bank Resolution

Publication Date: September 16, 2011

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Summary: This abstract reviews the recommendations made in the FSAP Update for Sweden in the areas of contingency planning, crisis management, and bank resolution. Although Sweden crisis management fared well during the global financial crisis, its authorities are reviewing the framework for managing financial crises to incorporate crisis lessons. They recommend a domestic institutional framework, an effective cross-border cooperation, an emergency liquidity assistance (ELA), a deposit guarantee scheme (DGS), and state support to systematically important financial institutions (SIFIs).
Series: IMF Staff Country Reports
Subject(s): Bank resolution | Bank supervision | Banking sector | Credit risk | Deposit insurance | Financial safety nets | Financial Sector Assessment Program | Risk management

Publication Date: September 16, 2011
ISBN/ISSN: 9781463903589/1934-7685 Format: Paper
Stock No: 1SWEEA2011010 Pages: 36
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