01966cas a2200241 a 4500 AALejournalIMF017784 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484308493 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Monetary and Capital Markets Department. Bulgaria : Financial Sector Assessment Program: Technical Note. Washington, D.C. : International Monetary Fund, 2017. 1 online resource (41 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 evaluates the financial safety net and crisis management for Bulgaria. Since the 2008 IMF Financial Sector Assessment Program Update, Bulgaria's financial safety net and crisis management arrangements, including bank resolution and contingency planning, have improved. In 2015, to implement pertinent European Union rules, Bulgaria introduced a resolution regime for banks and investment firms; designated resolution authorities for said financial institutions; and established mechanisms to fund resolution measures. Despite the improvements, the financial safety net and crisis management arrangements face crucial challenges because none of their components is fully developed. To ensure operational capacity to rapidly deploy recovery and resolution tools, further actions are needed to strengthen the safety net and crisis management arrangements. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2017/202 Full text available on IMF http://elibrary.imf.org/view/journals/002/2017/202/002.2017.issue-202-en.xml IMF e-Library