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The Resolution Framework? is a fully integrated and legally compliant system for addressing discipline, performance, and grievances. In this practical guide, we outline the key stages, or ?Stepping Stones? that any organisation can take, to successfully implement a Resolution Framework?.

The banking resolution document is drafted and adopted by a company's members or Board of Directors to define the relationship, responsibilities and privileges that the members or directors maintain with respect to the company's banking needs.

The term refers to planning by a financial institution and the authorities for the eventuality the firm suffers life-threatening losses.

This is a resolution transaction in which a healthy bank purchases some or all the assets of a failed bank and assumes some or all the liabilities of the failed bank. If the whole bank is purchased, the acquirer may receive a government payment covering the difference between the market value of assets and liabilities.