Key Attributes
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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.
Key Attributes include two techniques for resolving standard commercial banks:
- Liquidation and Payout (L&P)
- Purchase and Assumption (P&A)