Resolution plan: Difference between revisions
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An advance contingency plan of how a significant financial institution could be wound up by its supervisor in an orderly manner in the event of a collapse. | An advance contingency plan of how a significant financial institution could be wound up by its supervisor in an orderly manner in the event of a collapse. | ||
Also known as a ''living will''. | Also known as a ''living will''. |
Revision as of 18:58, 30 October 2016
Bank supervision.
An advance contingency plan of how a significant financial institution could be wound up by its supervisor in an orderly manner in the event of a collapse.
Also known as a living will.