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Record Nr. |
UNINA9910162923803321 |
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Titolo |
Finland : : Financial Sector Assessment Program: Technical Note-Contingency Planning and Crisis Management |
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Pubbl/distr/stampa |
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Washington, D.C. : , : International Monetary Fund, , 2017 |
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ISBN |
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1-4755-6507-0 |
1-4755-6509-7 |
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Descrizione fisica |
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1 online resource (37 pages) : illustrations (some color), graphs, tables |
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Collana |
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IMF Staff Country Reports |
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Disciplina |
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Soggetti |
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Crisis management |
Crisis management - Finland |
Financial crisis |
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 |
General Financial Markets: Government Policy and Regulation |
Economic & financial crises & disasters |
Banking |
Finance |
Bank resolution framework |
Bank resolution |
Financial stability assessment |
Financial crises |
Financial sector policy and analysis |
Crisis prevention |
Banks and banking |
Financial services industry |
Finland |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Sommario/riassunto |
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This Technical Note discusses the findings and recommendations made in the Financial Sector Assessment Program for Finland in the area of contingency planning and crisis management (CPCM). Finland’s CPCM framework rests on a strong foundation. In addition to the new European Union framework, Finland can build on a cooperative culture among its financial oversight agencies, which can help in times of crisis. Furthermore, the Finnish financial oversight architecture ensures the functional separation of potentially conflicting CPCM responsibilities: supervision, resolution, and emergency liquidity support. The clear separation of functions also helps crisis preparedness. Moreover, Finland also has a strong tradition of testing systemwide operational risks. |
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