Download or read book Prudential Regulation in Egypt written by Ziad A. Bahaa Eldin and published by . This book was released on 1998 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book E Money Prudential Supervision Oversight and User Protection written by Mr. Marc C Dobler and published by International Monetary Fund. This book was released on 2021-12-14 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This departmental paper discusses the evolving prudential frameworks for nonbank issuers of electronic money. Some jurisdictions take a relatively light-touch approach to regulating electronic money issuers (EMIs). Others have sought to apply more stringent requirements to protect electronic money (e-money) users, as the sector has grown in importance. The paper aims to build on previous IMF staff contributions to the literature and to draw policy conclusions for strengthening e-money regulatory regimes; in particular in jurisdictions where issuers, individually or collectively, have grown to a size to which they are of macro-financial importance (see below). Chapter 2 provides background on the development of e-money, its economic benefits, and potential risks. Chapter 3 discusses prudential supervision of EMIs, followed in Chapter 4 by their oversight from a payments system perspective. Chapter 5 discusses potential additional measures for user protection and contingency arrangements for EMI failure. The last chapter presents policy recommendations for policymakers, especially in those emerging market economies and developing countries wherein EMIs have reached a scale at which they could have a significant economic impact if they were to fail.

Download or read book Dealing with the Challenges of Macro Financial Linkages in Emerging Markets written by Otaviano Canuto and published by World Bank Publications. This book was released on 2013-10-29 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book deals with the challenges of macro financial linkages in the emerging markets.

Download or read book Islamic Banking written by Mr.Luca Errico and published by International Monetary Fund. This book was released on 1998-03-01 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the implications of Islamic precepts on banks’ structure and activities, focusing on banking supervision issues. It points out and discusses these issues in the context of a paradigm version of Islamic banking, as well as in frameworks that fall between the paradigm version and conventional banking. The case of Islamic banks operating in a conventional system is also examined.

Download or read book Powering the Digital Economy Opportunities and Risks of Artificial Intelligence in Finance written by El Bachir Boukherouaa and published by International Monetary Fund. This book was released on 2021-10-22 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.

Download or read book Egypt Customs Trade Regulations and Procedures Handbook Volume 1 Strategic and Practical Information written by IBP USA and published by Lulu.com. This book was released on 2007-02-07 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: 2011 Updated Reprint. Updated Annually. Egypt Customs, Trade Regulations and Procedures Handbook

Download or read book Macroprudential Regulation and Policy for the Islamic Financial Industry written by Muhamed Zulkhibri and published by Springer. This book was released on 2016-05-25 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume aims to discuss the current research, theory, methodology and applications of macropreudential regulation and policy for the Islamic financial industry. Published in cooperation with the Islamic Research and Training Institute (IRTI), this book features contributions from a workshop presented in collaboration with the University College of Bahrain (UCB) in Manama, Bahrain, aimed to bring together experts in Islamic banking and regulation and financial economics. This resulting book sheds light on how macroprudential policy may be implemented in the Islamic financial system, and indicates current challenges and their effects on economic growth, financial stability and monetary regulation. Macroprudential policy is increasingly seen as a way of dealing with the different dimensions of systemic risk. But many central banks, bank supervisors and regulators have limited experience with macroprudential tools, particularly in the Islamic financial industry. Given the complementarities between monetary policy and financial stability, it appears that central banks would always play an important role in macroprudential policy. But how should macroprudential policy best interact with monetary policy? It is becoming more pressing for the central banks to conduct monetary policy in which its conventional banking system operates side by side with Islamic banking system. This question has received increasing attention in the research literature but there is much we still need to learn. This is why new insights from research on macroprudential policy – which has gained important impetus in recent years – are so valuable. Featuring contributions on topics such as macroprudential regulation, policy, tools and instruments; governance, systematic risk, monetary policy, and bank leverage, the editors provide a collection of comprehensive research covering the most important issues on macroprudential policy and regulation for the Islamic financial industry. This volume is expected to be a significant contribution to the literature in the field of Islamic finance and evaluation of public policies to promote the development for Islamic financial industry. It is also served as a key text for students, academics, researchers, policy-makers in the field of Islamic finance.

Download or read book Central Bank Balances and Reserve Requirements written by Mr.Simon Gray and published by International Monetary Fund. This book was released on 2011-02-01 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most central banks oblige depository institutions to hold minimum reserves against their liabilities, predominantly in the form of balances at the central bank. The role of these reserve requirements has evolved significantly over time. The overlay of changing purposes and practices has the result that it is not always fully clear what the current purpose of reserve requirements is, and this necessarily complicates thinking about how a reserve regime should be structured. This paper describes three main purposes for reserve requirements - prudential, monetary control and liquidity management - and suggests best practice for the structure of a reserves regime. Finally, the paper illustrates current practices using a 2010 IMF survey of 121 central banks.

Download or read book The Egyptian Economy written by Hanāʼ Khayr al-Dīn and published by American Univ in Cairo Press. This book was released on 2008 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume aims to evaluate the impact of recent reform policies and highlight priority areas for further reform at the macroeconomic and institutional levels. Topics addressed include growth, distribution, and poverty reduction, unemployment and job creation, and the new pension system.

Download or read book The Egyptian Economy 1952 2000 written by Khalid Ikram and published by Routledge. This book was released on 2007-04-11 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: Interviews with former Prime Ministers and Cabinet Ministers along with previously unpublished analysis by the World Bank, IMF and USAID provide entertaining and interesting insights into Egypt's economic development policy during 1952 to 2000. Areas addressed include: * the performance of the Egyptian economy since 1950s * the factors that have facilitated or retarded economic performance * the Egyptian authorities approach to economic issues and policy-making * the chief questions that policy-makers will have to deal with in the next twenty years. Set apart by Khalid Ikram’s intimate knowledge of the Egyptian policy-makers this book presents a unique account of economic development and policy-making in Egypt during 1952 to 2000.

Download or read book Egypt After Mubarak written by Bruce K. Rutherford and published by Princeton University Press. This book was released on 2008-12-14 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: Egypt's autocratic regime is being weakened by economic crises, growing political opposition, and the pressures of globalization. Observers now wonder which way Egypt will go when the country's aging president, Husni Mubarak, passes from the scene: will it embrace Western-style liberalism and democracy? Or will it become an Islamic theocracy similar to Iran? Egypt after Mubarak demonstrates that both secular and Islamist opponents of the regime are navigating a middle path that may result in a uniquely Islamic form of liberalism and, perhaps, democracy. Bruce Rutherford examines the political and ideological battles that drive Egyptian politics and shape the prospects for democracy throughout the region. He argues that secularists and Islamists are converging around a reform agenda that supports key elements of liberalism, including constraints on state power, the rule of law, and protection of some civil and political rights. But will this deepening liberalism lead to democracy? And what can the United States do to see that it does? In answering these questions, Rutherford shows that Egypt's reformers are reluctant to expand the public's role in politics. This suggests that, while liberalism is likely to progress steadily in the future, democracy's advance will be slow and uneven. Essential reading on a subject of global importance, Egypt after Mubarak draws upon in-depth interviews with Egyptian judges, lawyers, Islamic activists, politicians, and businesspeople. It also utilizes major court rulings, political documents of the Muslim Brotherhood, and the writings of Egypt's leading contemporary Islamic thinkers.

Download or read book The Egyptian Stabilization Experience written by Mr. Arvind Subramanian and published by International Monetary Fund. This book was released on 1997-09-01 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the successful Egyptian stabilization experience during the 1990s, focusing on its distinctive features and contrasting them with the recent experiences of other developing countries. The key policy elements were a large fiscal adjustment, use of an exchange rate anchor that has endured for over six years, supported by prudent monetary policies, and early moves to liberalize interest and exchange markets. The outcomes included the avoidance of an output collapse despite the magnitude of fiscal adjustment; avoidance of stresses on the financial system; reversal of endemic dollarization; financial deepening at the expense of the banking system; and maintenance of external viability despite a lackluster export performance.

Download or read book Edinburgh Companion to Shari ah Governance in Islamic Finance written by Syed Nazim Ali and published by Edinburgh University Press. This book was released on 2020-03-18 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written by a group of prominent shari'ah scholars, academics and practitioners in the field of Islamic finance, this book contains 17 in-depth case studies of shari'ah governance practices and experiences as well as critical analysis of these practices. It serves as a standalone comprehensive reference work on shari'ah governance, containing an overview of its Islamic legal foundations, its evolution and development over the years, current practices and debates on shari'ah governance standards and future prospects for shari'ah governance in the global Islamic finance market.

Download or read book Financial Development and Economic Growth written by Niels Hermes and published by Routledge. This book was released on 2013-04-15 with total page 381 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection brings together a collection of theoretical and empirical findings on aspects of financial development and economic growth in developing countries. The book is divided into two parts: the first identifies and analyses the major theoretical issues using examples from developing countries to illustrate how these work in practice; the second part looks at the implications for financial policy in developing countries.

Download or read book Egypt Labor Laws and Regulations Handbook Volume 1 Strategic Information and Basic Laws written by IBP, Inc. and published by Lulu.com. This book was released on 2013-04-04 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: Egypt Labor Laws and Regulations Handbook - Strategic Information and Basic Laws

Download or read book Special Report Egypt written by and published by The Business Year. This book was released on with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 112-page publication sets out to shine a spotlight on the Egyptian economic landscape and examines how different actors of the economy are navigating the current economic woes, examining topics including digital transformation, construction and real estate, energy solutions, and more. It features interviews with dozens of public- and private-sector leaders and is a key handbook for anyone looking to invest in Egypt.

Download or read book Bank Size and Systemic Risk written by Mr.Luc Laeven and published by International Monetary Fund. This book was released on 2014-05-08 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: The proposed SDN documents the evolution of bank size and activities over the past 20 years. It discusses whether this evolution can be explained by economies of scale or “too big to fail” subsidies. The paper then presents evidence on the extent to which bank size and market-based activities contribute to systemic risk. The paper concludes with policy messages in the area of capital regulation and activity restrictions to reduce the systemic risk posed by large banks. The analysis of the paper complements earlier Fund work, including SDN 13/04 and the recent GFSR chapter on “too big to fail” subsidies, and its policy message is in line with this earlier work.