We have come to the end of what has been a busy and fruitful week, and gauging from the interactions that I have witnessed, I am sure that all participants have a better appreciation of the importance of a practical and effective bank resolution framework and what this entails.
In addition to bringing light to pertinent matters relevant to bank resolution, the workshop has given us the opportunity to navigate a simulated crisis. It has been a valuable learning experience, allowing us to understand the process when a bank actually fails and to identify gaps in our framework and capacity.