COMMENT
Author: Mr. Carl-Johan Lindgren
Language:
English
Keywords:
BOOK; bank; value; transaction; bank supervisor; debtor; settlement risk; derivatives contract; bank secrecy; value card; Currencies; Legal support in revenue administration; Credit; Global; North America; Europe; Caribbean; Eastern Europe; Asia and Pacific; lender-of-last-resort facilities; lender-of-last-resort credit; management of a lender-of-last-resort facility; roles of a lender of last resort; Bank solvency; Distressed institutions; Deposit insurance; Lender of last resort; Systemic crises

Abstract

The preceding chapters present different case histories of bank failures. Together they bring out key issues for dealing with bank failures. This comment focuses on these issues and their legal implications. The IMF has done a lot of work on problem banks in recent years, and from this work it is evident that this is an area in which good banking legislation is needed the most but in reality often is the weakest.

Within Same Series

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Other Publishers Content

Cover Current Legal Issues Affecting Central Banks, Volume V
Current Legal Issues Affecting Central Banks, Volume V
Author: Mr. Robert C. Effros
ISBN:
9781557756954
Publication Date:
20 May 1998
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781557756954.071
Pages:
867