Share on LinkedInShare on LinkedIn

ARTICLE · 27 NOVEMBER 2015

Financial Stability Board Publishes Report On Removing Obstacles To Resolvability

A&O Shearman
A&O Shearman
Contributor

A&O Shearman

Introducing A&O Shearman Unparalleled global depth for a changing world. Today more than ever,...

View firm profile
Explore more from A&O Shearman

On November 9, 2015, the FSB published a report on removing remaining obstacles to resolvability.

GlobalFinance and Banking

On November 9, 2015, the FSB published a report on removing remaining obstacles to resolvability. The report states that significant work is still to be carried out to make resolution plans fully operational and recognizes that not all FSB jurisdictions have a bank resolution regime that is in line with the FSB's key attributes of effective resolution regimes for financial institutions, which were last updated in October 2014. The FSB intends, amongst other things, to develop guidance to implement the TLAC standard and undertake work on CCP resolution and resolution planning, including possibly making a proposal for draft guidance.

The report is available at: http://www.financialstabilityboard.org/wp-content/uploads/Report-to-the-G20-on-Progress-in-Resolution-for-publication-final.pdf.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

See more popular content from