Effective Cooperation for Resolution of Financial Institutions

Since the Association of Supervisors of Banks of the Americas (ASBA) published its report titled Effective Deposit Insurance Schemes and Bank Resolution Practices in September 2006, a new generation of standards for deposit insurance and bank resolutions has emerged as a result of the 2008-2009 financial crisis.
To promote cooperation and knowledge transfer among its Associate Members, ASBA, in collaboration with the International Association of Deposit Insurers, established a Working Group made up of deposit insurers and supervisors from member jurisdictions in the Americas to share and disseminate their experiences in enhancing the regulatory environment in their respective jurisdictions.