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Republic of Slovenia: Technical Assistance Report-Contingency Planning and Crisis Management
Author:
International Monetary Fund. Monetary and Capital Markets Department
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2016: Issue 286
Language:
English
Publication Date:
07 Sep 2016
DOI:
https://doi.org/10.5089/9781475532203.002
ISBN:
9781475532203
ISSN:
1934-7685
Pages:
19
Keywords:
ISCR; CR; authority; bank; FSB member; BOS regulation; bank resolution regime; BOS contingency plan; government capital; BOS staff resource; bank resolution unit; SSM bank; Bank resolution; Crisis management; Contingency planning; Bridge bank; Bank resolution framework
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This Technical Assistance report makes recommendations regarding introduction of an effective framework for contingency planning and crisis management, including bank resolution and deposit guarantees, in Slovenia. It is recommended that a communication plan and strategy be developed, both within the Bank of Slovenia and at the national level, to speak with one voice during financial crises. The members of Co-ordination Group/Financial Stability Board (CG/FSB) must harmonize their efforts to carefully coordinate information, provide consistent communication to the public, and ensure that they use the same facts and assumptions. Whenever a crisis appears forthcoming, CG/FSB members should plan to deliver a media statement providing information in a constructive manner to reassure the public.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund