Download or read book Regional Financial Conglomerates written by Julia Majaha-Jartby and published by . This book was released on 2005 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper`s central theme is that where a financial crisis emerges, regional supervisors should have systems in place to effectively respond to their country-specific crises and in the case of foreign operations and financial conglomerates to collaborate comprehensively with other supervisory agencies and respective ministries to avert a regional crisis or address the immediate crisis at hand. For financial institutions to expand across borders without undermining regional and global financial stability, supervisory agencies must develop the capacity to collaboratively and collectively handle crises.
Download or read book Regional Financial Conglomerates A Case for Improved Supervision written by Julia Majaha-Jartby and published by INTERNATIONAL MONETARY FUND. This book was released on 2005-06-01 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper's central theme is that where a financial crisis emerges, regional supervisors should have systems in place to effectively respond to their country-specific crises and-in the case of foreign operations and financial conglomerates-to collaborate comprehensively with other supervisory agencies and respective ministries to avert a regional crisis or address the immediate crisis at hand. For financial institutions to expand across borders without undermining regional and global financial stability, supervisory agencies must develop the capacity to collaboratively and collectively handle crises.
Download or read book Central America written by International Monetary Fund and published by International Monetary Fund. This book was released on 2006-05-09 with total page 141 pages. Available in PDF, EPUB and Kindle. Book excerpt: Intraregional financial activity in Central America has grown substantially in the past decade, contributing to efficiency and economic development. At the same time, the expansion of activities by regional conglomerates has increased the challenges to supervisory authorities of containing the risks of contagion. Prepared as part of the Central America Financial Sector Regional Project by an IMF and World Bank staff team, this book outlines trends in the region's financial sector integration, supervisory responses, development of the insurance sector, payment and securities settlement arrangements, and worker remittances. It addresses the many common policy challenges facing Central American countries--Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and Panama--in financial sector reform. The book offers key policy recommendations.
Download or read book Economic Developments In India Monthly Update Volume 95 Analysis Reports Policy Documents written by Editors : Raj Kapila & Uma Kapila and published by Academic Foundation. This book was released on 2005 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book IMF Research Bulletin written by and published by . This book was released on 2004 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Developments in Financial Supervision and the Use of Macroprudential Measures in Central America written by Mr.Fernando L Delgado and published by International Monetary Fund. This book was released on 2011-12-01 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: Improvements in financial regulation and supervision in the Central American region (CAPDR) have strengthened financial stability. Prudential instruments with potential macroeconomic effects have been introduced. Nonetheless, compared with the larger Latin American and selected industrial countries, there is still important scope for CAPDR to enhance financial supervision and regulation. Based on two surveys, and the analysis of the Basel Core Principles, the paper determines that some weaknesses exist in risk-based supervision, and that macroprudential measures have scarcely been deployed.
Download or read book Emerging Issues in Financial Development written by Tatiana Didier and published by World Bank Publications. This book was released on 2013-12-17 with total page 586 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book synthesizes the results of a comprehensive analysis of the status, prospects, and challenges of sustainable financial development in Latin America, as well as the lessons for developed and developing countries.
Download or read book Japan written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2017-09-18 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report assesses the observance of Basel Core Principles for Effective Banking Supervision in Japan. Banking regulations and supervisory processes have undergone significant improvements since the last Financial Sector Assessment Program. The Japan Financial Services Agency is in the process of reforming its supervisory practices and has been shifting its focus from assessing compliance with prudential requirements to a more sophisticated and forward-looking risk-based approach to supervising banks and bank holding companies. Although the supervisory framework is generally sound, some key priority areas need to be addressed. Corporate governance and risk management remains an area that needs further work to strengthen independence of boards.
Download or read book Aligning Financial Supervisory Structures with Country Needs written by Jeffrey Carmichael and published by World Bank Publications. This book was released on 2004 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication contains the proceedings of an international conference on the regulation of financial institutions and supervisory structural reforms, held in Washington D.C., United States in December 2003 and involving participants from 52 countries. It considers case studies of experiences of regulatory reform approaches adopted in a number of countries including Australia, South Africa, Ireland, Sweden, Hungary and Estonia.
Download or read book Improving Financial Institution Supervision written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Financial Institutions and Consumer Protection and published by . This book was released on 2015 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Nicaragua written by International Monetary Fund and published by International Monetary Fund. This book was released on 2004-11-04 with total page 95 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper focuses on Nicaragua’s Fifth and Sixth Reviews Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Request for Waiver and Modification of Performance Criteria. The macroeconomic performance has been broadly satisfactory. Economic growth is accelerating; inflation, albeit somewhat higher owing to increased oil prices, remains under control; and official reserves are above program targets. The performance criterion on public savings and all indicative fiscal targets were missed in late 2003, but the March 2004 targets were met and measures have been taken to keep the program on track.
Download or read book Unleashing Growth and Strengthening Resilience in the Caribbean written by Mr.Krishna Srinivasan and published by International Monetary Fund. This book was released on 2017-11-13 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a diagnosis of the central economic and financial challenges facing Caribbean policymakers and offers broad policy recommendations for promoting a sustained and inclusive increase in economic well-being. The analysis highlights the need for Caribbean economies to make a concerted effort to break the feedback loops between weak macroeconomic fundamentals, notably pertaining to fiscal positions and financial sector strains, and structural impediments, such as high electricity costs, limited financial deepening, violent crime, and brain drain, which have depressed private investment and growth. A recurring theme in the book is the need for greater regional coordination in finding solutions to address the Caribbean’s shared and intertwined macroeconomic and structural challenges. The analysis suggests that strengthening regional and global market integration of Caribbean economies would provide an impetus to sustained growth in incomes and jobs. Greater regional and global economic integration would also facilitate structural transformation and a shift toward new economic activities, resulting in more diversified and less vulnerable economies. A central challenge for the Caribbean is thus to come together as a region, overcome the limitations posed by size, and garner the benefits of globalization. Efforts should build on existing regional arrangements; accelerating progress in implementing these agreements would stimulate trade. Policymakers could also promote deeper integration with Latin America and the rest of the world by pursuing new trade agreements, leveraging current agreements more effectively, or deepening them to include areas beyond traditional trade issues, and developing port and transport infrastructure.
Download or read book Panama written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2024-07-19 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the last Financial Stability Assessment Program (FSAP) in 2012, the Superintendency of Banks of Panama (SBP) has made significant progress in updating its regulatory and supervisory framework. The SBP has implemented key elements of the international regulatory reform agenda, including Basel III and IFRS9, and has introduced comprehensive new regulations in a number of important areas, including corporate governance and risk management. The SBP has also adopted a structured risk-based approach to its supervision that is supported by a sophisticated IT system. Notwithstanding the progress made in many regulatory and supervisory areas since the last FSAP, there remain a number of gaps in the legal and regulatory framework and some areas for improvement in the SBP’s supervisory approach.
Download or read book The Theory of Financial Intermediation written by Bert Scholtens and published by . This book was released on 2003 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Guatemala written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2018-06-08 with total page 73 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2018 Article IV Consultation highlights that a sound monetary policy management in Guatemala has helped keep inflation expectations firmly anchored. Fiscal deficits have remained at decade lows on the back of low debt tolerance and inadequate budgetary execution. Terms of trade gains and an upsurge in remittances inflows moved the current account into a sizable surplus. The financial system is sound and well-regulated while vulnerabilities seem manageable. Growth performance nevertheless falls shorts of the rates needed to achieve Guatemala’s aspirations to meaningfully lift the living standards of its citizens. Near-term growth prospects remain subdued, at 3.2 percent in 2018 and 3.6 percent in 2019.
Download or read book Banking Stability and Financial Conglomerates in European Emerging Countries written by Pavla Klepková Vodová and published by Cambridge University Press. This book was released on 2023-01-31 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Element focuses on the specific role of financial conglomerates in managing banking and financial stability. The Element aims to estimate financial stability in CEE using the constructed aggregate financial stability index, to incorporate the financial stability of the parent company into the index, and to assess the effect of the parent company on the financial stability of commercial banks and national financial sectors.
Download or read book Financial Integration in Latin America written by Mr.Charles Enoch and published by International Monetary Fund. This book was released on 2017-04-10 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: With growth slowing across much of the Latin America as a result of the end of the commodity supercycle and economic rebalancing in China, as well as fragmentation of the international banking system, policies to stimulate growth are needed. This book examines the financial landscapes of seven Latin American economies—Brazil, Chile, Colombia, Mexico, Panama, Peru, and Uruguay—and makes a case for them to pursue regional financial integration. Chapters set out the benefits to the region of financial integration, the barriers to cross-border activity in banks, insurance companies, pension funds, and capital markets, as well as recommendations to address these barriers. Finally, the volume makes the case that regional integration now could be a step toward global integration in the short term.
