01848cas a2200241 a 4500 AALejournalIMF017441 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475578720 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Monetary and Capital Markets Department. Botswana : Technical Assistance Report-Banking Sector Safety Net and Crisis Management. Washington, D.C. : International Monetary Fund, 2017. 1 online resource (108 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 Assistance Report evaluates the banking sector safety net and crisis management in Botswana. The current legislative framework guiding bank resolution and financial sector crisis management is weak, and the authorities have embarked on a revision. The Bank of Botswana lacks some of the legal powers required for implementing corrective action for banks that are in breach of prudential requirements or are conducting business in an unsound or unsafe manner. Key elements for a corrective action framework, including a contingency plan for dealing with weak banks and guidance on indicative remedial measures based on well-defined triggers, are also lacking, and major amendments to the legal framework are needed. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2017/049 Full text available on IMF http://elibrary.imf.org/view/journals/002/2017/049/002.2017.issue-049-en.xml IMF e-Library