IMF Staff Country Reports

South Africa: Financial Sector Assessment Program-Technical Note on Financial Safety Net and Crisis Management

Publication Date:

June 17, 2022

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This Technical Note sets out the findings and recommendations of the Financial Sector Assessment Program (FSAP) for South Africa on financial safety net and crisis-management arrangements. It primarily focuses on the arrangements for early intervention, recovery, resolution, and financial safety nets for banks in South Africa. To a lesser extent, the note also addresses issues relating to recovery and resolution applicable to insurers and Financial Market Infrastructure (FMI).

Series:

Country Report No. 2022/182

Subject:

Bank resolution Bank resolution framework Crisis management Crisis resolution Financial crises International organization Monetary policy

Frequency:

regular