Blog » Resolution Issues for Financial Cooperatives-Overview of Distinctive Features and Current Resolution Tools_2018
This paper is mainly based on an IADI survey on resolution issues for financial cooperatives, which was distributed in July 2015 to more than 100 organisations worldwide, including all IADI members as well as other deposit insurers that are not members of IADI. Since, some survey respondents have made changes to their legislative and resolution framework. This paper is also based on case studies received in September 2015 from SRIFC members and non-members. Therefore, although some of the examples given in this paper may now no longer apply they are useful references to how these issues have been approached in the past. This paper’s purpose is to highlight the need to adapt bank resolution tools to financial cooperatives as necessary, given their distinctive features.