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Consulting services are required for the development of a regional framework of cooperation in terms of resolution of financial institutions and financial crisis management

Start date

Wednesday, July 25, 2018

Closing date

Thursday, August 9, 2018

Country

USA

Sector

Business and Professional Services

IDB Project

RG-T3097 : Regional Cooperation Program for the Development of Resolution Framework for the Regional Financing Crisis

Description

The consulting services include the definition of the main guidelines of the resolution framework considering three main elements:

 

  • The definition of a coordination regime that establishes the principles and limits of the scope of action of the resolution framework (taking into account the particularities of the regulatory frameworks of each country);
  • The development of specific processes and instruments for joint action, including the definition of an information exchange mechanism that helps countries in the preventive identification of situations of regional financial crisis and in the resolution of these cases when they occur;
  • The definition of the structure, technical cadres and formal processes that enable the creation of a permanent coordination forum established within the scope of the resolution framework.

 

Likewise, the consulting services include the realization of a diagnosis and an action plan with proposals on the following issues:

 

  • Diagnosis and analysis of vulnerabilities in the systems of identification and monitoring of banking crises in each country that require legal and regulatory changes;
  • Consolidated proposal of regional exposure indicators;
  • Development of mechanisms that allow early collaboration (immediate decision-making process) taking into account shocks in indicators or the increase in the risk of materializing a scenario.

 

To enable coordination to be more effective, consulting services also include the development of regional exposure indicators so that countries can assess the degree of exposure of national financial systems to banks and other cross-border financial institutions, and adopt strategies for adequate contingency at each level of severity of the crashes. The exchange of information mechanism will consider the integration of basic indicators of financial supervision (liquidity, capital and solvency) and indicators related to the impact of specific stress situations in specific cases of drastic change in the perception of financial and operational risk, including the of image risk (indicators of non-viability).

 

  • The deadline for performing these services will be 7 (seven) months.

 

For more information, please consult the Original Publication issued by the contracting entity.

Eligible countries

Argentina
Austria
Bahamas
Barbados
Belgium
Belize
Bolivia
Brazil
Canada
Chile
China
Colombia
Costa Rica
Croatia
Denmark
Dominican Republic
Ecuador
El Salvador
Finland
France
Germany
Guatemala
Guyana
Haiti
Honduras
Israel
Italy
Jamaica
Japan
Mexico
Netherlands
Nicaragua
Norway
Panama
Paraguay
Peru
Portugal
Slovenia
South Korea
Spain
Suriname
Sweden
Switzerland
Trinidad and Tobago
United Kingdom
Uruguay
USA
Venezuela
This business opportunity is no longer accessible. Its deadline has passed.

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