SRR: Difference between revisions
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Provisions for [[resolution]] of failing financial institutions under appropriate legislation and regulation. In many countries provisions extend beyond banks to certain other types of institution. | Provisions for [[resolution]] of failing financial institutions under appropriate legislation and regulation. In many countries provisions extend beyond banks to certain other types of institution. | ||
For example, in the US under [[OLA]] and [[FDIC]] and in the EU under the [[BRRD]]. | For example, in the US under [[OLA]] and [[FDIA]] that established [[FDIC]] and in the EU under the [[BRRD]]. | ||
Revision as of 11:07, 13 August 2014
Special resolution regime.
Provisions for resolution of failing financial institutions under appropriate legislation and regulation. In many countries provisions extend beyond banks to certain other types of institution.
For example, in the US under OLA and FDIA that established FDIC and in the EU under the BRRD.
