This symposium focused on bank failure resolution and crisis management, in particular, the use of guarantees and the spill-overs between the credit qualities of sovereigns and banking systems.
The first meeting of the Network focused on overall frameworks and priorities for SOE governance reforms in the region, challenges for improving SOE boards, and case studies of governance reforms in some of Latin America’s largest SOEs from Brazil, Chile and Colombia.
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During the financial crisis many governments aided both the financial and non-financial sectors in their countries on an unprecedented scale. These emergency measures have in some cases taken precedence over competition rules. In particular the fact that governments helped some banks but not others has weakened competition in some markets, with “too big to fail” institutions commanding a higher market share than previously. This has
The OECD conducted an online public consultation on draft high-level principles on consumer protection in the field of financial services which came to an end on 31 August 2011.