Cross- border Crisis Surveillance and Crisis Management Mechanisms

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INTRODUCTION

Addresses issues related to crisis management for cross-border financial institutions. The analysis of the difficulties involved in cross-border crisis management proceeds by first identifying obstacles to swift crisis resolution in a purely domestic context. Part of the complexity of crisis resolution is attributable to the fact that banks combine retail and wholesale sources of funding, and they  often  also  operate  a  mix of business lines. Once domestic crisis management has been analyzed, the additional complexities arising in the cross-border context are identified.