European Parliament Library

Czech Republic :, Technical Note on Crisis Management and Bank Resolution Framework

The Czech financial system is confronted with mounting risks that stem mainly from negative developments in the European Union (EU). This technical note focuses on crisis management and bank resolution framework for the Czech Republic. It summarizes the high-level observations of the mission based on its key findings and recommendations, and analyzes the existing institutional framework and coordination arrangements for crisis management. The note also examines the cross-border dimension of crisis preparedness and crisis management tools
Table Of Contents
Cover; Contents; Glossary; I. Introduction; II. Executive Summary; A. Crisis Prevention; B. Crisis Preparedness; C. Crisis Management; III. Institutional Framework; A. Mandates and Division of Labor; Boxes; 1. Statutory Objectives and Functions for Resolution Authorities; B. Interinstitutional Coordination and Exchange of Information; IV. Prudential Supervision and Early Intervention; V. The Challenges of the Cross-border Dimension; VI. Crisis Management Tools; A. Official Financial Support; Figures; 1. Liquidity Support Operations by the CNB; B. Orderly and Effective Resolution
Literary Form
non fiction
Title from PDF title page (IMF Web site, viewed July 17, 2012)
Physical Description
1 online resource (32 p.)
Specific Material Designation
Form Of Item

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