ratkaisuvaltuuksiin
Ratkaisuvaltuuksiin, often translated as "resolution authority" or "competent authority for resolution," refers to the legal and institutional framework established in many jurisdictions to manage the failure of financial institutions. The primary objective of a resolution authority is to ensure the orderly winding down of a failing bank or other designated financial entity in a way that minimizes disruption to the financial system and protects taxpayer funds.
These authorities are typically empowered with a range of tools to achieve this. They can include powers
The establishment of dedicated resolution authorities was a significant outcome of the 2008 global financial crisis,