This framework called for action in five areas, of which a key area was to make improvements to resolution regimes so that any financial institution, whatever its size and complexity, can be resolved without disruption to the financial system. The Key Attributes of Effective Resolution regimes for Financial Institutions outline the policy framework to meet this objective.
These key attributes have been identified by the Financial Stability Board (FSB) jointly with its members including the IMF, World Bank and the standard-setting bodies. The purpose of an effective resolution regime is to make possible the resolution of financial institutions without severe system-wide disruption.