Canada : financial sector assessment program crisis management and bank resolution framework, technical note /

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Bibliographic Details
Corporate author / creator:International Monetary Fund, author.
Imprint:Washington, District of Columbia : International Monetary Fund, 2014.
©2014
Description:1 online resource (66 pages) : illustrations (some color), charts
Language:English
Series:IMF Staff Country Reports
IMF Staff Country Reports.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12502880
Hidden Bibliographic Details
Other authors / contributors:International Monetary Fund. Monetary and Capital Markets Department, issuing body.
ISBN:9781475573190
1475573197
9781484329825
Notes:Online resource; title from PDF cover (ebrary, viewed May 1, 2014).
Summary:In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
Other form:Print version: International Monetary Fund. Canada : financial sector assessment program crisis management and bank resolution framework, technical note. Washington, District of Columbia : International Monetary Fund, ©2014 approximately 66 pages IMF Country Reports ; Number 14/67 9781484329825
Description
Summary:This report underlies Canada's Financial Sector Assessment Program (FSAP) in the areas of crisis management and blank resolution. The provincial deposit insurance systems (DIS) and resolution frameworks are highly heterogeneous and the FSAP's analysis suggests that the preparedness to overcome financial stress should be enhanced. The IMF report discusses that the federal legal and institutional arrangements for resolving individual financial institutions are robust. It suggests that clear mandates should be assigned to: (1) monitor systematic risk to facilitate macroprudential oversight; and (2) carry out system wide crisis preparedness.
Physical Description:1 online resource (66 pages) : illustrations (some color), charts
ISBN:9781475573190
1475573197
9781484329825