01180nam2-2200373---450-99000318798020331620090115083903.0978-3-540-92147-9000318798USA01000318798(ALEPH)000318798USA0100031879820090115d2008----km-y0itay0103----baengDEa|||||||001yyJournal on data semantics XIStefano Spaccapietra (Ed.)Berlin [etc.]Springercopyr. 2008XIV, 234 p.ill.24 cmLecture notes in computer scienceJournal subline53832001Lecture notes in computer science0010003149602001Lecture notes in computer scienceLinguaggi di programmazioneSemantica006.35SPACCAPIETRA,StefanoITAsalbcISBD990003187980203316001 LNCS 538337801/CBS00100218035BKSCICBAS1020090115USA010838CBAS1020090115USA010839Journal on Data Semantics XI774111UNISA04568oam 22010094 450 991077910470332120230802005530.01-4755-5430-31-4755-8251-X(CKB)2550000000107558(EBL)1606793(SSID)ssj0000943578(PQKBManifestationID)11595703(PQKBTitleCode)TC0000943578(PQKBWorkID)10978494(PQKB)11366111(MiAaPQ)EBC1606793(Au-PeEL)EBL1606793(CaPaEBR)ebr10579644(OCoLC)870597613(IMF)1ESPEE2012009(IMF)1ESPEA2012009(EXLCZ)99255000000010755820020129d2012 uf 0engur|n|---|||||txtccrSpain : Safety Net, Bank Resolution, and Crisis Management Framework: Technical NoteWashington, D.C. :International Monetary Fund,2012.1 online resource (40 p.)IMF Staff Country ReportsDescription based upon print version of record.1-4755-3003-X 1-4755-0432-2 Cover; Contents; Glossary; A; B; C; D; E; F; G; I; M; P; R; S; Executive Summary; Tables; 1. Main Recommendations; I. Safety Net, Bank Resolution, and Crisis Management Framework; A. Spain and the Global Financial Crisis: A Brief Overview; B. Spain's Financial Sector Institutional Framework; C. Early Intervention and Liquidity Provision; D. Deposit Insurance; E. Government Intervention: The Fondo de Reestructuración Ordenada Bancaria; 2. FROB Disbursements and Commitments; F. Resolution Tools and Orderly Liquidation; G. Cooperation with Foreign Authorities and OrganizationsH. Realigning the Spanish Bank Resolution Framework: Roles, Responsibilities, and Instruments of Financial Safety Net ParticipantsAnnexes; I. Recovery and Resolution Plans; II. Handling Impaired Assets; III. An Overview of Bank Interventions and Recapitalization During the CrisisThis technical note examines the safety net, bank resolution, and crisis management framework in Spain. The financial safety net architecture for the banking sector comprises the Banco de España (BdE), the Fondo de Garantía de Depósitos (FGD), and the Fondo de Reestructuración Ordenada Bancaria (FROB). The note discusses that institutional roles and instruments of the FROB and the FGD need to be realigned. Given the current crisis, authorities should make it a key priority to promptly improve the tools to resolve banks in line with recent international practices.IMF Staff Country Reports; Country Report ;No. 2012/145FinanceSpainBanks and bankingSpainBanks and BankingimfFinancial Risk ManagementimfFinancial Institutions and Services: Government Policy and RegulationimfBanksimfDepository InstitutionsimfMicro Finance InstitutionsimfMortgagesimfCrisis ManagementimfEconomic & financial crises & disastersimfBankingimfBank resolutionimfBank resolution frameworkimfLender of last resortimfBridge bankimfFinancial crisesimfCrisis managementimfBanks and bankingimfBanks and banking, CentralimfSpainimfFinanceBanks and bankingBanks and BankingFinancial Risk ManagementFinancial Institutions and Services: Government Policy and RegulationBanksDepository InstitutionsMicro Finance InstitutionsMortgagesCrisis ManagementEconomic & financial crises & disastersBankingBank resolutionBank resolution frameworkLender of last resortBridge bankFinancial crisesCrisis managementBanks and bankingBanks and banking, CentralInternational Monetary Fund.DcWaIMFBOOK9910779104703321Spain520834UNINA