01836cas a2200241 a 4500 AALejournalIMF018567 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484361825 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Monetary and Capital Markets Department. Mauritius : Technical Assistance Report-Strengthening Bank Resolution and Crisis Management Framework. Washington, D.C. : International Monetary Fund, 2018. 1 online resource (43 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 discusses measures needed to strengthen bank resolution and crisis management framework in Mauritius. The current legal framework in Mauritius does not provide the supervisor with adequate triggers and powers to mitigate risks at a sufficiently early stage. The law should provide for a broader range of corrective tools that allow the supervisor to restore weak banks to sound financial conditions. A new resolution framework is needed to effectively manage failing banks, safeguard financial stability as well as limit moral hazard. Formal plans describing how the resolution authority will manage the failure of individual banks and their groups need to be developed. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2018/170 Full text available on IMF http://elibrary.imf.org/view/journals/002/2018/170/002.2018.issue-170-en.xml IMF e-Library