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The main objective of the assessment was to analyze and observe the implementation of the International Organization of Securities Commissions (IOSCO) Principles in Australia. The various responsibilities of the Australian Securities and Investments Commission (ASIC) were highlighted and the...
Persistent link: https://www.econbiz.de/10011242567
consolidating and streamlining of regional banks. …
Persistent link: https://www.econbiz.de/10011242849
Armenia’s growing financial system is dominated by banks, and its regulatory and supervisory system is robust. The …
Persistent link: https://www.econbiz.de/10011243283
French banks to different business models. The French banking system weathered the 2007–09 global financial crisis well …. The large French banks have announced plans to meet Basel III Common Equity Tier 1 (CET1) capital targets during 2013, and … have divested noncore assets. The banks are increasing their liquidity and reducing their dependence on short-term and U …
Persistent link: https://www.econbiz.de/10011243534
Australia has a history of few bank failures, even fewer financial crises, and its banking sector emerged from the global financial crisis relatively well.1 With an eye toward international developments, the Australian authorities have taken commendable steps to strengthen the financial safety...
Persistent link: https://www.econbiz.de/10011243618
studied. Supervision of the financial system can be performed by supervisory architecture, banking supervision, various …
Persistent link: https://www.econbiz.de/10011244169
This Selected Issues paper for Panama reports that the administration is developing a strategy to enhance growth and competitiveness in the Panamanian economy. Corruption is perceived as a widespread phenomenon that has affected both private and public sectors in Panama at various levels of...
Persistent link: https://www.econbiz.de/10005825099
In today's financial system, complex financial institutions are connected through an opaque network of financial exposures. These connections contribute to financial deepening and greater savings allocation efficiency, but are also unstable channels of contagion. Basel III and Solvency II should...
Persistent link: https://www.econbiz.de/10009203537
This paper assesses countries' compliance with the Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) international standard during the period 2004 to 2011. We find that overall compliance is low; there is an adverse impact on financial transparency created by the...
Persistent link: https://www.econbiz.de/10009203542
This simulation-based paper investigates the impact of different methods of dynamic provisioning on bank soundness and shows that this increasingly popular macroprudential tool can smooth provisioning costs over the credit cycle and lower banks’ probability of default. In addition, the...
Persistent link: https://www.econbiz.de/10011242397