High-Level Summary Technical Assistance Reports

Guinea: Operationalization of the statutory special resolution regime

By David Blache

July 2, 2025

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Format: Chicago

David Blache. "Guinea: Operationalization of the statutory special resolution regime", High-Level Summary Technical Assistance Reports 2025, 028 (2025), accessed July 4, 2025, https://doi.org/10.5089/9798229015660.029

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Summary

The report outlines the efforts of the International Monetary Fund (IMF) to assist the Central Bank of the Republic of Guinea (BCRG) in operationalizing a special resolution regime (SRR) for credit institutions. This initiative addresses the deficiencies in Guinea's financial safety net, which currently lacks a comprehensive resolution framework. The project involved enhancing staff capacity and developing resolution tools like partial sale and bridge institution. Key findings highlight the need for increased staffing and expertise, while recommendations focus on establishing a resolution function, drafting resolution plans, and ensuring that resolution tools will be supported by an adequate resolution funding mechanism. These measures aim to strengthen Guinea's financial stability and crisis management capabilities.

Subject: Bank resolution framework, Crisis management, Crisis resolution, Financial crises, Financial safety nets, Financial sector policy and analysis, Financial sector stability, Special resolution regime

Keywords: Bank resolution framework, Bridge bank, Crisis management, Crisis management, Crisis resolution, Financial crisis management, Financial safety net, Financial safety nets, Financial sector stability, Financial stability, Special resolution regime, Special resolution regime

Publication Details

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