IMF Staff Country Reports

Germany: Financial Sector Assessment Program-Crisis Preparedness, Bank Resolution and Crisis Management Frameworks-Technical Notes

June 29, 2016

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Germany: Financial Sector Assessment Program-Crisis Preparedness, Bank Resolution and Crisis Management Frameworks-Technical Notes, (USA: International Monetary Fund, 2016) accessed November 21, 2024

Summary

This paper analyzes the crisis preparedness and crisis management frameworks for German banks. Banks dominate German financial system and represent one of the largest small- and medium-sized banking segments in the EU. The banking sector is a three-pillar system with a total of nearly 1,800 institutions. Both at the EU level and at domestic German level a range of legal instruments have been adopted that collectively establish a complex framework for bank resolution and crisis preparedness and management in financial sector. The Single Supervisory Mechanism Regulation has conferred specific tasks on the European Central Bank concerning prudential supervision of banks including the adoption of early intervention measures and a requirement that banks prepare recovery plans.

Subject: Bank resolution, Bank resolution framework, Banking, Crisis management, Crisis prevention, Crisis resolution, Deposit insurance, Financial crises

Keywords: Bank resolution, Bank resolution framework, Bridge financing, CR, Crisis management, Crisis prevention, Crisis resolution, Europe, Financial support, Global, ISCR, Resolution authorities, Resolution authority, Resolution framework, Resolution measure, Resolution scheme, Restructuring bank funding, Stabilization tool, State aid, State guarantee, Supervising authority, Supervision authority, Supervisory authority, Unsecured debt

Publication Details

  • Pages:

    43

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2016/194

  • Stock No:

    1DEUEA2016006

  • ISBN:

    9781498325431

  • ISSN:

    1934-7685

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