01965cas a2200241 a 4500 AALejournalIMF018327 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484345801 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Monetary and Capital Markets Department. Belgium : Financial System Stability Assessment-Technical Note- Financial Safety Net and Crisis Management. Washington, D.C. : International Monetary Fund, 2018. 1 online resource (17 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 reviews the state of financial safety net and crisis management arrangements in Belgium. Although actions in Belgium and at the European Union (EU) level have improved the Belgian financial safety net and crisis management arrangements, Belgium still faces challenges, and further actions are needed to improve its operational capacity. At the EU level, the establishment of the single supervisory mechanism and the single resolution mechanism (SRM) are important improvements. The Belgian authorities, particularly the National Bank of Belgium, continue to play a critical role in maintaining financial stability in Belgium. It is recommended that the SRM should ensure the feasibility of resolution strategies for groups with domestic systemically important banks that execute national critical functions. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2018/068 Full text available on IMF http://elibrary.imf.org/view/journals/002/2018/068/002.2018.issue-068-en.xml IMF e-Library