Crisis management under the Deposit Takers Act 2023 - Issues Paper

Overview

This issues paper on Crisis Management under the Deposit Takers Act 2023 sets out key issues for operationalising the crisis management regime in the DTA. In particular, it discusses: 

• a staged response to managing deposit takers in different levels of financial distress or other difficulties

• potential updates to our existing resolution tools, including those used to help recapitalise a failed deposit taker without relying on public funds

• whether there is any need for additional statutory provisions to facilitate recapitalisation (so called, 'bail-in')  

• potential requirements for crisis management preparation in a business-as-usual environment. 

Read the issues paper

Crisis Management under the Deposit Takers Act 2023 (PDF, 1.11MB)