Princeton University Library Catalog

Morocco [electronic resource] : Financial Sector Assessment Program: Technical Note-Crisis Management, Bank Resolution, and Financial Sector Safety Net.

Author:
International Monetary Fund. Independent Evaluation Office [Browse]
Format:
Book
Language:
English
Published/​Created:
Washington, D.C. : International Monetary Fund, 2016.
Description:
1 online resource (33 p.)
Series:
IMF Staff Country Reports [More in this series]
Summary note:
In order to accompany the expansion of the banking system, the Moroccan authorities have achieved tremendous progresses as regards crisis management, bank resolution, and safety nets. A macroprudential committee composed of BAM, ACAPS, AFM, and MoF has been established to coordinate supervisory actions and manage crisis. Each of the supervisory agencies have various early interventions tools. Sound banking resolution mechanisms have recently been established in the banking law. A financial stability mandate is about to be entrusted to BAM, which shall be formally authorized to take exceptional measures (including the extension of emergency liquidity assistance). The deposit guarantee scheme has also been reshuffled, with the creation of two separate compartments, one for participative banks2 and another one for conventional banks. All.
Source of description:
Description based on print version record.
ISBN:
  • 1475546017 :
Doi:
  • 10.5089/9781475546019.002
Related name:
Other views:
Staff view