European Parliament Library

France :, Financial Sector Assessment Program—Technical Note on Crisis Management and Bank Resolution Framework

Abstract
This technical note discusses key findings of the assessment of Crisis Management and Bank Resolution Framework for France. The findings reveal that the crisis preparation, crisis identification, and crisis management processes in the supervisory authority (ACP) are comprehensive and well structured. Without having a formal U.S.-type “PCA-regulation,” the ACP identifies weak banks and requests appropriate remedial measures to be taken. The ACP also actively uses the Basel II Pillar 2 instrument to require add-ons on an individual-bank basis to the minimum regulatory capital requirements, reflecting the assessed riskiness of a bank
Table Of Contents
Cover; Contents; Glossary; Executive Summary; I. Introduction; II. Crisis Preparedness and Preparation; A. Assessment; B. Comments and Recommendations; III. Bank Resolution; A. Assessment; B. Comments; IV. Role and Mandate of Banque de France; A. Assessment; B. Comments and Recommendations; V. Role and Mandate of the Ministry of Finance; A. Assessment; B. Comments and Recommendations; VI. Role and Mandate of the Deposit Insurance Fund; A. Assessment; B. Comments and Recommendations; C. Bank Resolution Fund; VII. Cooperation and Information Sharing on Crisis Issues
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (30 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781484397800

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