01896cas a2200241 a 4500 AALejournalIMF017135 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475538502 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. European Dept. Russian Federation : Financial Sector Assessment Program: Technical Note-Bank Resolution and Crisis Management Framework. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (51 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This Technical Note discusses the findings and recommendations made in the Financial Sector Assessment Program for the Russian Federation in the areas of bank resolution and a crisis management framework. The findings reveal that the experiences of past financial crises have strengthened the Russian bank resolution framework. The resolution framework has been effective in preserving financial stability. Since January 2014, 28 banks have been placed in open bank resolution, and three were resolved by purchase and assumption transactions. The effectiveness of bank resolution could be improved. Introduction of the full range of resolution powers and safeguards recommended by the Financial Stability Board Key Attributes would improve the framework's effectiveness. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2016/308 Full text available on IMF http://elibrary.imf.org/view/journals/002/2016/308/002.2016.issue-308-en.xml IMF e-Library