Basel Committee Guidelines On Identifying And Dealing With Weak Banks

Author:Shearman & Sterling LLP
Profession:Shearman & Sterling LLP
 
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On July 16, 2015, the Basel Committee for Banking Standards published guidelines for identifying and dealing with weak banks. The guidelines revise and update the 2002 Basel Committee guidance for dealing with weak banks to take into account the changes in regulatory expectations and practices on early intervention, resolution frameworks, recovery and resolution planning, stress testing and macroprudential oversight. The revised guidelines are directed to supervisors and resolution authorities as well...

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