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Financial sector liberalization can spur economic growth and development, but reforms to liberalize the financial sector can also entail risks if they are not properly designed and implemented. One of the central questions for countries reforming their financial systems is how to sequence the...
Persistent link: https://www.econbiz.de/10014399517
. Articles also look at the expansion of world trade, explore the impact of globalization on jobs, taxation, and the poor, and …Assiduously tracking the trends and consequences of globalization, the IMF's quarterly magazine Finance & Development … focuses on financial globalization, including the policy implications of the huge growth in cross-border capital flows …
Persistent link: https://www.econbiz.de/10014404799
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The Chinese insurance sector is experiencing rapid growth, posing particular challenges to effective supervision. The sector has been growing by over 20 percent a year and there are ambitious government targets for further development. Many individual, often newer, companies are growing at rates...
Persistent link: https://www.econbiz.de/10012644899
The China Banking Regulatory Commission (CBRC) has maintained its momentum in regulation and supervision in the face of exceptional growth in scale and increasing complexity of the banking system. Equally, the CBRC has risen to the demands of the international regulatory reform agenda,...
Persistent link: https://www.econbiz.de/10012644900
China's landscape for Financial Market Infrastructures (FMIs) is one of the largest and most complex in the world. It …
Persistent link: https://www.econbiz.de/10012645373
China has made significant progress in financial inclusion. High levels of account penetration, savings, and usage of payments services have been achieved, largely due to extensive branches and access points (particularly a vast network of rural cash withdrawal points), innovations by non-bank...
Persistent link: https://www.econbiz.de/10012645374
2010 by a joint International Monetary Fund (IMF) and World Bank team. The first mission (June) assessed the observance of …
Persistent link: https://www.econbiz.de/10012559963
The Securities Commission Malaysia (SC), as the supervisor of the capital markets, has developed a robust supervisory framework that exhibits high levels of implementation of the International Organization of Securities Commissions Objectives and Principles of Securities Regulation (IOSCO...
Persistent link: https://www.econbiz.de/10012560012
The responsibilities of the regulator should be clearly and objectively stated. The regulator should be operationally independent and accountable in the exercise of its functions and powers. The regulator should have adequate powers, proper resources and the capacity to perform its functions and...
Persistent link: https://www.econbiz.de/10012247122