•  In a computerised system with 24/7 banking, and large retail base, the preparation for a moratorium has to be much more meticulous than in traditional banking. •  Role of media is critical and in any crisis management media management has to be given priority.
We actually had to go on media to give out reassurances about the bank to stop the run. •  Adequate liquidity and currency needs to be kept ready to stem a run once the resolution strategy is decided. •  A moratorium is useful to give breathing time to put a resolution package in place but hardship requests can become tedious to handle.