Download or read book Banking Sector Reforms Report written by Maidavolu Narasimham and published by . This book was released on 1998 with total page 143 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Hundred Small Steps written by India. Committee on Financial Sector Reforms and published by SAGE Publications. This book was released on 2009-01-06 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: While previous reports have focused solely on the ‘big’ issues like capital account convertibility, bank privatization, and priority sector norms, A Hundred Small Steps: Report of the Committee on Financial Sector Reforms goes deep into other areas where reforms are less controversial, but perhaps as important. The report argues that we need a change in mindset for the financial sector, one that recognizes that efficiency, innovation, and value for money are as important for the poor as they are for our new Indian multinationals, and these will come from improved governance, new entry and competition. Indeed the Committee believes that the road to making Mumbai an international financial centre runs through every village in India. The report is divided into separate self-contained chapters; the underlying theme behind all the proposals is the need to enhance inclusion, growth, and stability by allowing players more freedom, even while strengthening the financial and regulatory infrastructure. The role of the government is to create an enabling environment by building sound financial infrastructure. The Committee has focused primarily on broad principles and directions, without entering too much into details of implementation. It emphasizes three important reasons for financial sector reform: to include more Indians in the growth process; to foster growth itself; and to improve financial stability, flexibility, and resilience and thus protect the economy against the kind of turbulence that is affecting the world today. The Committee recognizes this is a difficult time to propose financial sector reforms in India. The near meltdown of the US financial sector seems to be proof that markets and competition do not work. This is clearly the wrong lesson to take from the debacle. The right lesson is that markets and institutions do succumb occasionally to excesses, which is why regulators have to be vigilant. The report argues for skilled regulators who encourage growth and innovation even while working harder to contain risks.
Download or read book Report of the Committee on Banking Sector Reforms written by India. Committee on Banking Sector Reforms and published by . This book was released on 1998 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recommendations of the Committee on the Financial System in India.
Download or read book Financial Sector Reforms and Bank Performance in Ghana written by T. O. Antwi-Asare and published by . This book was released on 2000 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book IEG Review of World Bank Assistance for Financial Sector Reform written by World Bank. Independent Evaluation Group and published by World Bank Publications. This book was released on 2006 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Independent Evaluation Group (IEG) review of World Bank assistance for financial sector reforms finds that the objectives of Bank assistance generally followed good practices in terms of reducing government ownership of financial intermediaries; improving prudential regulation to be consistent with international norms; and strengthening banking supervision to adhere more closely to international principles. However consistency within a country has sometimes been weak as has the coherence of the Bank's approach to financial sector reforms across countries. The report recommends that: (1) More guidance should be provided for Bank staff and client countries in areas such as the restructuring of banks; asset management companies; the privatization of banks; the promotion of capital markets; strengthening the legal, regulatory, and supervisory environment, and quality control of financial sector. (2) The Bank should develop monitorable indicators (3) A ratings system to evaluate vulnerability to financial crisis should be developed
Download or read book Spain written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2013-03-05 with total page 93 pages. Available in PDF, EPUB and Kindle. Book excerpt: This article is a report of Spain’s progress in financial sector reforms. The key reforms in the financial sector have been either adopted or designed. The economy has risks at times as it takes up the challenges of correcting pre-crisis imbalances. The economy may face decline, but financial markets have significantly improved. Financing from banks is a major source of finance for households and firms. Exports contribute to the increasing economy in spite of global competition. The Executive Board welcomes this development of Spain's financial sector.
Download or read book Spain written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2014-02-20 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses key findings of the progress report on financial sector reforms in Spain. Spain’s European Stability Mechanism (ESM)-supported program of financial sector reform aimed to assist economic recovery by promoting financial stability. The program was adopted in mid-2012. The Spanish authorities’ implementation of the program has been steadfast. All of the program’s specific measures are now complete. Major structural reform efforts in a variety of areas (including labor and fiscal policies) will need to continue to achieve sufficiently rapid growth to bring unemployment down to reasonable levels over the medium term.
Download or read book Spain written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2012-11-28 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: The report analyses Spain’s financial sector reform program and throws light on the role that the European Financial Stability Facility (EFSF) played in supporting the restructuring and recapitalization of its financial sector. It stated that the two major areas that have been looked at by IMF staff are the macrofinancial context and Spain’s progress in financial sector reforms. The key risk factors that hamper economic development are emphasized, and certain measures to overcome the same are suggested.
Download or read book Spain written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2013-11-22 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses findings of Fourth Progress Report on Spain’s financial sector reform. Implementation of Spain’s financial sector program remains on track. Essentially all measures specified in the program have now been implemented, as envisaged under its front-loaded timetable. Capital-augmentation measures arising from last year’s stress test are now complete, SAREB has almost concluded its organizational development and is now accelerating the liquidation of its assets, and key reforms of Spain’s financial sector framework have been adopted or put in train. Despite recent improvements, important risks remain, including those associated with the ongoing macroeconomic adjustment.
Download or read book Spain written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2013-11-22 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses findings of Fourth Progress Report on Spain’s financial sector reform. Implementation of Spain’s financial sector program remains on track. Essentially all measures specified in the program have now been implemented, as envisaged under its front-loaded timetable. Capital-augmentation measures arising from last year’s stress test are now complete, SAREB has almost concluded its organizational development and is now accelerating the liquidation of its assets, and key reforms of Spain’s financial sector framework have been adopted or put in train. Despite recent improvements, important risks remain, including those associated with the ongoing macroeconomic adjustment.
Download or read book Spain written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2013-07-15 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents the Third Progress report on Spain’s financial sector reform. Correction of Spain’s large external, fiscal, and financial imbalances is well underway, with policy actions at both the European and Spanish levels helping to ease market pressures over the last year. Financial sector dynamics still contribute to recessionary pressures, with credit contraction accelerating, lending standards tightening, and lending rates to firms rising. Actions taken by the authorities under the European Stability Mechanism-supported program have helped tackle the legacy risk from the real estate boom bust, but macroeconomic risks still loom large.
Download or read book Bush Task Group Report on Regulation of Financial Services written by United States. Congress. House. Committee on Government Operations. Commerce, Consumer, and Monetary Affairs Subcommittee and published by . This book was released on 1985 with total page 522 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Blueprint for Reform written by United States. Task Group on Regulation of Financial Services and published by . This book was released on 1984 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Banking in Africa written by Martin Brownbridge and published by Africa World Press. This book was released on 1998 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a review of the evolution of the post-independence banking system in Africa. There is a strong focus on the problems of restructuring of banking institutions and the management of the bad and non-performing assets of public sector institutions.
Download or read book Banking Reform written by Great Britain. Parliament. House of Commons. Treasury Committee and published by The Stationery Office. This book was released on 2008 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report follows on from the Committee's report on the crisis at Northern Rock (5th report, HC 56-I, ISBN 9780215038388) and the lessons to be learned by the Treasury, the Financial Services Authority (FSA) and the Bank of England (the Tripartite authorities). It examines legislative and practical changes that are needed. The overall case for legislative action in the field of banking regulation is compelling but the Government's preparations for new legislation may not be in place by late February 2009. The Committee recommends that the legislation provides: greater clarity about the nature and objective of "heightened supervision"; an explicit statutory power for the Bank of England to recommend to the FSA that a firm be made subject to the new Special Resolution Regime; a clear institutional separation between the executive functions of the Bank and the non-executive role of the Court of the Bank of England. Practical measures should include: the strengthening FSA's capacity to regulate; the Tripartite authorities must develop a communications strategy to secure public and market confidence in their new powers; and depositor protection arrangements must be developed which will function smoothly and effectively in the event of a bank failure. The Committee makes recommendations on "heightened supervision" and the Special Resolution Regime, identifies priorities for reform of the Financial Services Compensation Scheme to protect depositors, and sets out proposals for strengthening the Bank of England. The new Tripartite Standing Committee must assume a central and continuing role in the financial stability work of the authorities at all time.
Download or read book From Monobank to Commercial Banking written by Jens Kovsted and published by Institute of Southeast Asian Studies. This book was released on 2005 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study analyses the difficulties and problems encountered in transforming the Vietnamese financial sector from one that is subordinate to government objectives and goals to an autonomous sector guided by market forces and competitive pressures. Here, the history of financial sector liberalization is traced and close attention paid to the activities and autonomy of the State Bank of Vietnam, the institution responsible for the supervision and regulation of the financial sector in Vietnam. Overall, the authors argue that ensuring a timely, fair and transparent supervision and regulation of the financial sector is of central importance to financial sector development and stability. Liberalizing financial markets is not solely a question of limiting and/or restricting government influence but may in fact involve the opposite, the influence and power of supervisory and regulatory institutions in many cases needing to be strengthened.
Download or read book Bush task group report on regulation of financial services written by United States. Congress. House. Committee on Government Operations. Commerce, Consumer, and Monetary Affairs Subcommittee and published by . This book was released on 1985 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt:
