Kingdom of the Netherlands-Netherlands Publication of Financial Sector Assessment Program Documentation: Technical Note on Crisis Management and Bank Resolution Frameworks

The global financial crisis hit the Netherlands' financial sector hard. This note analyzes the Dutch framework for crisis management and bank resolution, and formulates recommendations to address observed weaknesses. The overall framework for official financial support to stem systemic crisis i...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2011
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:The global financial crisis hit the Netherlands' financial sector hard. This note analyzes the Dutch framework for crisis management and bank resolution, and formulates recommendations to address observed weaknesses. The overall framework for official financial support to stem systemic crisis is appropriate. The current framework for resolving ailing banks in going could be strengthened considerably. The framework for the orderly liquidation of banks could be strengthened and fine-tuned. The deposit guarantee scheme (DGS) has a number of helpful characteristics, but could be significantly enhanced
Physical Description:26 pages
ISBN:9781462322404