Bank resolution in the Asia-Pacific region

Topic Guides

The development of bank resolution regimes in the Asia-Pacific region has generally lagged behind that of European and US regimes, but membership of the Financial Stability Board (FSB) requires certain jurisdictions in the Asia-Pacific region to address this and provide regulators with powers to deal with failing banks and investment firms.

This Topic Guide helps you navigate the key FSB requirements for its members' resolution regimes, as well as the way in which those requirements are being interpreted and implemented across key jurisdictions in the Asia-Pacific region. It provides you with easy access to briefing notes and other materials prepared by Clifford Chance's team of resolution and crisis management experts.

Inside this Topic Guide

Topic overview

The FSB's Key Attributes of Effective Resolution Regimes for Financial Institutions (Key Attributes) was adopted in October 2011 and revised in October 2014. It sets out twelve features that the FSB regards as being an essential part of the resolution regimes of all jurisdictions; the 2014 update provided additional guidance on specific key attributes.

The FSB's members in the Asia-Pacific region are at different stages of implementing resolution regimes which meet the standards set by the Key Attributes, as shown in the table below.

Clifford Chance contacts

Francis Edwards (Hong Kong)	Lena Ng (Singapore)
Donna Wacker (Hong Kong)	Nish Shetty (Singapore)
Jiahua Ni (Shanghai)	Caroline Dawson (London)
Janice Goh (Singapore)	Simon Gleeson (London)
Paul Landless (London)	Paul Lenihan (London)