Can Europe be a benchmark in banking resolution for LATAM?

The banking turbulence of 2023 caused by Silicon Valley Bank and other U.S. entities has left many lessons, including that banks that are not systemic in life, can be in case of bankruptcy. For this reason, the banking authorities must continue and intensify their efforts to improve their crisis management and banking resolution frameworks. Many countries in Latin America have taken important steps in this direction, as the FSB points out in its…