FSB Publishes Report On Good Practices For Crisis Management Groups : vimarsana.com

FSB Publishes Report On Good Practices For Crisis Management Groups

<p><span>The FSB today published a&nbsp;</span><a href="https://www.fsb.org/2021/11/good-practices-for-crisis-management-groups-cmgs-2/">report on good practices for Crisis Management Groups</a><span>&nbsp;(CMGs). CMGs bring together the home and key host authorities that have a role in the resolution of a systemically important financial institution. The report sets out good practices that have helped CMGs to enhance preparedness for the management and resolution of a cross-border financial crisis affecting a Global Systemically Important Bank (G-SIB) consistent with the FSB&nbsp;</span><a href="https://www.fsb.org/2014/10/key-attributes-of-effective-resolution-regimes-for-financial-institutions-2/">Key Attributes of Effective Resolution Regimes for Financial Institutions</a><span>.</span></p>

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