Banking in Brief
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Open Bank Resolution – an option for banks that are ‘too big to fail’
Date: Mar 20, 2013This concept, which allows failed SIFIs to remain open for business, ensures liquidity and minimises disruption costs within the banking sector.
Author: Deepa Chandrasekhar
Categories: Basel III, Regulation, Risk and Regulation
Keywords: Liquidity, SIFI, Reserve Bank of New Zealand, Basel Committee of Banking Supervision, Open Bank Resolution