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

Volume/Issue: Volume 2022 Issue 182

Publication date: June 2022

ISBN: 9798400214486

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

International - Economics , Banks and Banking , Finance , Money and Monetary Policy , 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

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Summary

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).