01580cas a2200241 a 4500 AALejournalIMF020155 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498343282 2663-3493 BD-DhAAL BD-DhAAL International Monetary Fund. Cross-Border Bank Resolution : Recent Developments. Washington, D.C. : International Monetary Fund, 2014. 1 online resource (40 pages) Policy Papers <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 Developing an effective framework for cross-border resolution is a key priority in international regulatory reform. Large bank failures during the global financial crisis brought home the lack of adequate tools for resolving 'too-big-to-fail' institutions. In cross-border cases, misaligned incentives and lack of robust mechanisms for resolution and cross-border cooperation left some country authorities with little choice but to take unilateral actions, which contributed to the high fiscal costs of the crisis and resulted in disorderly resolution in some cases. Mode of access: Internet Policy Papers; Policy Paper ; No. 2014/011 Full text available on IMF http://elibrary.imf.org/view/journals/007/2014/011/007.2014.issue-011-en.xml IMF e-Library