Publication

This paper discusses the principles of cross-border resolution matters involving troubled financial firms and groups that have emerged since the 2008 global financial crisis as well as developments on resolutions dealing with financial firms in India. The author finds that while there is recognition in the international community of the need for international cooperation on cross-border resolution, the main focus in countries should be on how they can first develop institutional capacity in the area of domestic resolution and how this relates to international commitments.