1.

Record Nr.

UNINA9910136699103321

Titolo

Ireland : : Financial Sector Assessment Program: Technical Note-Financial Safety Net, Bank Resolution, and Crisis Management

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2016

ISBN

9781475542721

1475542720

Descrizione fisica

1 online resource (45 pages) : illustrations, tables

Collana

IMF Staff Country Reports

Disciplina

332.109417

Soggetti

Banks and banking - State supervision - Ireland

Financial risk management - Ireland

Banks and Banking

Finance: General

Financial Risk Management

Financial Institutions and Services: Government Policy and Regulation

Banks

Depository Institutions

Micro Finance Institutions

Mortgages

Crisis Management

Economic & financial crises & disasters

Banking

Finance

Bank resolution framework

Bank resolution

Credit bureaus

Crisis resolution

Financial crises

Financial markets

Crisis management

Banks and banking

Credit ratings

Ireland

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa



Livello bibliografico

Monografia

Sommario/riassunto

This Technical Note discusses the findings and recommendations in the Financial Sector Assessment Program for Ireland regarding the financial safety net, bank resolution, and crisis management. The introduction of the “single rulebook” for financial services regulation within the European Union and the establishment of the banking union have transformed the Irish framework for dealing with failing banks. The new regime reflects an EU-wide initiative to strengthen supervision, harmonize prudential rules, and establish a uniform bank resolution regime. The Bank Recovery and Resolution Directive has significantly strengthened the resolution regime in Ireland and the European Union. Significant progress has also been made on the banking union, although key aspects remain to be completed.