(Through information comes awareness, through awareness comes understanding, through understanding comes knowledge, and through knowledge comes life and wellbeing) Nō reira Tēnā koutou, tēnā koutou, tēnā tatou katoa. (Greetings to you all. Thank you.)
The key elements of an effective resolution framework The discussion paper sets out the key elements of an effective resolution framework, as it could be applied to South Africa. It is important to understand that the term ‘resolution’ is not a synonym for ‘liquidation’, ‘curatorship’ or ‘administration’, the latter terms representing South Africa’s current arrangements for dealing with failed financial institutions.