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This paper presents a cash-in-advance framework, with variable income velocity, where the domestic effects, as well as the international transmission, of financial innovation can be analyzed. In particular, the discussion emphasizes the role of currency substitution and of cross-border transfers...
Persistent link: https://www.econbiz.de/10014396343
This technical note on Investor Protection, Disclosure, and Financial Literacy for Portugal explains investor protection and corporate governance. Comissão do Mercado de Valores Mobiliários (CMVM) is the regulator in charge on ensuring compliance with disclosure issues as well as the corporate...
Persistent link: https://www.econbiz.de/10014406877
This study reviews selected issues on investor protection and corporate governance in Australia, and concludes that the corporate governance framework for Australian-listed companies is largely healthy and dynamic. Shareholder activism is an important element of corporate governance because it...
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) update conducted jointly by the International Monetary Fund (IMF) and World Bank (WB) in September 2015. As agreed with the …
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This note provides a set of high-level recommendations that can guide national regulatory and supervisory responses to the COVID-19 (coronavirus) pandemic and offers an overview of measures taken across jurisdictions to date. The banking sector plays a critical role in mitigating the...
Persistent link: https://www.econbiz.de/10012647142
The experiences of past financial crises have strengthened the Russian bank resolution framework. The resolution … framework has been effective in preserving financial stability. The effectiveness of bank resolution could be improved … public funds. To ensure adequate bank capitalization, a comprehensive review of banks' asset portfolios and collateral …
Persistent link: https://www.econbiz.de/10012246711