Key Attributes: Difference between revisions
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Revision as of 10:54, 30 May 2013
Bank resolution.
(KAs).
In 2011, the G20 leaders endorsed the Financial Stability Board’s Key Attributes of Effective Resolution for Financial Institutions as an ‘international standard’ for resolving financial firms approaching - or already in - financial distress.
KAs include two techniques for resolving standard commercial banks:
1. Liquidation and Payout (L&P)
2. Purchase and Assumption (P&A)
