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Botswana

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by International Monetary Fund. Department
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Botswana by International Monetary Fund. Department

The current legislative framework guiding bank resolution and financial sector crisis management is weak and the authorities have embarked on revising it. The BoB lacks some of the legal powers required for implementing corrective action for banks that are in breach of prudential requirements or are conducting their business in an unsound or unsafe manner. In particular, existing corrective action powers are too dependent on the BoB having exercised examination powers, while others are constrained by a linkage to de-licensing powers. Key elements for a corrective action framework, including a contingency plan for dealing with weak banks and guidance on indicative remedial measures based on well-defined triggers, are also lacking.

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Ebook Details
Pages: 108
Size: 1.6 MB
Publisher: INTERNATIONAL MONETARY FUND
Date published:   2017
ISBN: 9781475578737 (DRM-EPUB)
9781475578768 (DRM-PDF)

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This product is listed in the following categories:

Nonfiction > Business & Economics > Money & Monetary Policy
Nonfiction > Political Science > Public Policy > Economic Policy
Nonfiction > Business & Economics > International > Economics

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Nonfiction > Business & Economics
Nonfiction > Law
Nonfiction > Business & Economics > Money & Monetary Policy
Nonfiction > Business & Economics > Finance
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Nonfiction > Business & Economics > Insurance > Risk Assessment & Management
Nonfiction > Business & Economics > Labor
Nonfiction > Business & Economics > International > Economics
Nonfiction > Political Science
Nonfiction > Political Science > Public Policy > Economic Policy
Nonfiction > Business & Economics > Real Estate > Mortgages
Nonfiction > Social Science
Nonfiction > Social Science > Third World Development
Nonfiction > Business & Economics > Economics

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06/28/2017
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