Kingdom of the Netherlands-Netherlands: Financial Sector Assessment Program:
Download or Read eBook Kingdom of the Netherlands-Netherlands: Financial Sector Assessment Program: PDF written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2017-04-13 with total page 34 pages. Available in PDF, EPUB and Kindle.
| Author | : International Monetary Fund. Monetary and Capital Markets Department |
| Publisher | : International Monetary Fund |
| Total Pages | : 34 |
| Release | : 2017-04-13 |
| ISBN-10 | : 9781475593907 |
| ISBN-13 | : 1475593902 |
| Rating | : 4/5 (07 Downloads) |
Book Synopsis Kingdom of the Netherlands-Netherlands: Financial Sector Assessment Program: by : International Monetary Fund. Monetary and Capital Markets Department
Book excerpt: This Technical Note discusses the findings and recommendations made in the Financial Sector Assessment Program for the Netherlands in the areas of managing problem banks and systemic banking crises. Significant progress has been made toward implementing the Banking Union, although key aspects have not yet been completed. The Single Resolution Board (SRB), which assumed responsibility in January 2016, remains in start-up mode, and the Dutch central bank provides substantial support to Dutch banks. Another challenge is the complex decision-making structure of the SRB, which may impede timely decision making when it comes to resolution. The adequacy of financial safety nets remains a concern.
