South Africa: Financial Sector Assessment Program-Technical Note on Financial Safety Net and Crisis Management

International Monetary Fund

No 2022/182, IMF Staff Country Reports from International Monetary Fund

Abstract: This Technical Note sets out the findings and recommendations of the Financial Sector Assessment Program (FSAP) for South Africa on financial safety net and crisis-management arrangements. It primarily focuses on the arrangements for early intervention, recovery, resolution, and financial safety nets for banks in South Africa. To a lesser extent, the note also addresses issues relating to recovery and resolution applicable to insurers and Financial Market Infrastructure (FMI).

Keywords: IMF-World Bank Financial Sector Assessment Program; D. FMI resolution; FSAP's finding; B. resolution planning policy; crisis management Group; Crisis management; Bank resolution framework; Bank resolution; Crisis resolution; Africa; Global (search for similar items in EconPapers)
Pages: 47
Date: 2022-06-17
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