Act 2024
WET van 10 januari 2024, houdende regels inzake bijzondere maatregelen voor het herstellen en afwikkelen van kredietinstellingen (Wet Herstel en Afwikkeling Kredietinstellingen) (Act on Recovery and Resolution of Credit Institutions)
Issued by Centrale Bank van Suriname (Central Bank of Suriname)
Plain-English summary
Provides for recovery plans prepared by banks, resolution plans prepared by the Central Bank, early intervention and resolution tools, including sale or transfer of assets and liabilities, write-down and conversion of capital instruments, mergers and bridge banks. Also covers liquidation of credit institutions. A Financial Stability Committee coordinates the Central Bank and the Ministry of Finance and Planning. S.B. 2024 no. 5.
Who it applies to
Banking
Topics
Prudential & Capital
Latest news
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