Financial Supervisory Systems and the Way Forward : International Financial Reporting Standards and Basel III Regulations

The introduction of traditional policies to provide “additional monetary stimulus” in the aftermath of the recent Financial Crisis has been instigated by central banks such as Danmarks Nationalbank (DN), the European Central Bank (ECB), Sveriges Riksbank, the Swiss National Bank (SNB) and more recently, the Bank of Japan. Whilst the European Central Bank, Swiss National Bank, Danmarks Nationalbank and Sveriges Riksbank introduced negative interest rates in mid-2014 and early 2015, the Bank of Japan's more recent introduction is compared to its previous experience of 2006.This volume considers the relevance, as well as impacts of Basel III regulations on financial supervision in some of the above-mentioned jurisdictions. As well as contributing to the extant literature from a theoretical, practical, empirical – and a comparative jurisdictional perspective, the volume also investigates how International Financial Reporting Standards can serve to address present regulatory and supervisory challenges