Resolution Frameworks for Islamic Banks:

Islamic banking is growing rapidly and its potential impact on global financial stability cannot be underestimated. International standards for resolving banks have evolved after the global financial crisis, culminating in the Financial Stability Board's ("FSB") Key Attributes of Effe...

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Bibliographische Detailangaben
1. Verfasser: Awadzi, Elsie Addo (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Washington, D.C International Monetary Fund 2015
Schriftenreihe:IMF Working Papers: Working Paper No. 15 / 247
Schlagworte:
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Zusammenfassung:Islamic banking is growing rapidly and its potential impact on global financial stability cannot be underestimated. International standards for resolving banks have evolved after the global financial crisis, culminating in the Financial Stability Board's ("FSB") Key Attributes of Effective Resolution Regimes for Financial Institutions. This paper examines the applicability of the Key Attributes to the resolution of Islamic banks. It concludes that a number of issues would need to be addressed, owing to Islamic banks' unique governance structures and balance sheets. It recommends international guidance for the design of robust Shari'ah -compliant resolution frameworks for jurisdictions with Islamic banks
Beschreibung:Description based upon print version of record
Beschreibung:1 Online-Ressource (34 p)
ISBN:1513503219
9781513503219

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