UID:
almafu_9958077840902883
Format:
1 online resource (141 p.)
ISBN:
1-5135-2796-7
,
1-5135-6307-6
Series Statement:
IMF Staff Country Reports
Content:
This Technical Note reviews the key attributes of effective resolution regimes for the banking and insurance sectors in the United States. The United States’ resolution regime for financial institutions has been significantly enhanced since the financial crisis. Over the past several years, the U.S. authorities have undertaken significant efforts to develop the capability to deploy the Orderly Liquidation Authority, if and when needed, to safeguard financial stability. Of particular importance is the development of the so-called single point of entry strategy, designed to take advantage of most systemically important financial institutions in the United States being organized under a holding company structure.
Note:
Description based upon print version of record.
,
Cover; CONTENTS; GLOSSARY; A; B; C; D; E; F; G; I; K; L; M; N; O; P; Q; R; S; T; U; EXECUTIVE SUMMARY AND KEY FINDINGS; INTRODUCTION; A. Institutional and Market Structure-Overview; B. Review of the Preconditions for Effective Resolution Regimes; FIGURES; 1. Summary of Primary Federal Supervisory Responsibilities; 2. Coverage Ratio; C. Resolution Regime Reforms; DETAILED REVIEW; 3. Resolution Regimes Covered; TABLES; 1. Detailed Report; RECOMMENDED ACTIONS AND AUTHORITIES COMMENTS; A. Summary of Recommended Actions
,
2. Recommended Actions to Improve Compliance with the KAs and Enhance Resolution FrameworksAPPENDIX; I. Resolution Legislation Applicable to Different Financial Firms
Additional Edition:
ISBN 1-5135-4404-7
Additional Edition:
ISBN 1-5135-6455-2
Language:
English
