Finland : Financial Sector Assessment Program: Technical Note-Contingency Planning and Crisis Management.

Format:

Book

Government document

Author/Creator:

International Monetary Fund. Monetary and Capital Markets Department.

Series:

IMF Staff Country Reports; Country Report ; No. 2017/004

IMF Staff Country Reports

Language:

English

Subjects (All):

Crisis management.

Crisis management--Finland.

Financial crisis.

Physical Description:

1 online resource (37 pages) : illustrations (some color), graphs, tables.

Place of Publication:

Washington, D.C. : International Monetary Fund, 2017.

Summary:

This Technical Note discusses the findings and recommendations made in the Financial Sector Assessment Program for Finland in the area of contingency planning and crisis management (CPCM). Finland’s CPCM framework rests on a strong foundation. In addition to the new European Union framework, Finland can build on a cooperative culture among its financial oversight agencies, which can help in times of crisis. Furthermore, the Finnish financial oversight architecture ensures the functional separation of potentially conflicting CPCM responsibilities: supervision, resolution, and emergency liquidity support. The clear separation of functions also helps crisis preparedness. Moreover, Finland also has a strong tradition of testing systemwide operational risks.

Notes:

Description based on online resource; title from PDF title page (ebrary, viewed February 15, 2017).

ISBN:

9781475565072

1475565070

9781475565096

1475565097