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Resolution Plans.pdf

Final-guidance-on-insurance-resolution-strategies.pdf
Preview of Resolution Plans
🔗 Source: fsb.org
📊 Size: 351 KB
👤 Author: FSB
⬇️ Downloads: 63

Summary

Developing effective resolution strategies and plans for systemically important insurers involves determining objectives, identifying points of entry into resolution, and choosing preferred resolution tools. The resolution strategy should be supported by an operational plan, considering business segments, critical functions, operational continuity, cross-border cooperation, and funding. Institution-specific cross-border cooperation agreements are required for global systemically important insurers, outlining roles, responsibilities, and processes for coordination and information sharing. The plan should facilitate effective use of resolution powers, minimizing disruption and taxpayer exposure, and include a substantive resolution strategy agreed by top officials, with potential barriers to effective resolution and actions to mitigate them.

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Description

Developing effective resolution strategies and plans for systemically important insurers involves determining objectives, identifying points of entry into...

Technical Information

  • File Format: PDF
  • File Size: 351 KB
  • Pages: 24
  • Language: EN
  • Author: FSB
  • Total Downloads: 63
  • Last Updated: 2 months ago

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This PDF document about Resolution Plans provides comprehensive information and guidance. Whether you're a beginner or advanced user, this resource offers valuable insights into Resolution Plans.

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