Cover IMF Staff Country Reports
Buy Book in Print
Canada: Financial Sector Assessment Program-Crisis Management and Bank Resolution Framework-Technical Note
Author:
International Monetary Fund. Monetary and Capital Markets Department
Search for other papers by International Monetary Fund. Monetary and Capital Markets Department in
Current site
Google Scholar Close
Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2014: Issue 067
Language:
English
Publication Date:
07 Mar 2014
DOI:
https://doi.org/10.5089/9781484329825.002
ISBN:
9781484329825
ISSN:
1934-7685
Pages:
65
Keywords:
ISCR; CR; credit union; insurance coverage; financial system; central bank; CDIC insurance determination rule; CDIC resolution power; CDIC shares responsibility; CDIC decal; CDIC decision; CDIC update FISC; CDIC readiness; CDIC member; deposit insurance; Deposit insurance; Bank resolution framework; Crisis management; Financial sector stability; Crisis resolution; Global
Download PDF (1.2 MB) Download Epub
This report underlies Canada’s Financial Sector Assessment Program (FSAP) in the areas of crisis management and blank resolution. The provincial deposit insurance systems (DIS) and resolution frameworks are highly heterogeneous and the FSAP’s analysis suggests that the preparedness to overcome financial stress should be enhanced. The IMF report discusses that the federal legal and institutional arrangements for resolving individual financial institutions are robust. It suggests that clear mandates should be assigned to: (1) monitor systematic risk to facilitate macroprudential oversight; and (2) carry out system wide crisis preparedness.
  • Collapse
  • Expand
Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund