Showing 1 - 10 of 93
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
Significant legislative changes and regulatory developments have taken place in the Netherland’s insurance sector. The initial Financial Sector Assessment Program (FSAP) and the current assessment are benchmarked against the Insurance Core Principles (ICPs) issued in 2003. Progress has...
Persistent link: https://www.econbiz.de/10011245628
This Technical Note provides an update on the Austrian insurance industry and an analysis of its regulatory and supervisory regime. The structure of the domestic insurance sector has remained largely stable since the last update. At Q3-2012 there were 50 insurance companies with assets of...
Persistent link: https://www.econbiz.de/10011243629
One of the G-20's first reactions to the financial crisis that erupted by late 2008 was to task the IMF and the …
Persistent link: https://www.econbiz.de/10011245908
and outlook. China has maintained robust growth since the global crisis, but the heavy reliance on credit and investment …
Persistent link: https://www.econbiz.de/10011244201
The economic development of Hungary after the economic crisis is discussed. Hungary’s economic program supported by …
Persistent link: https://www.econbiz.de/10011244270
The study shows that the global financial crisis has adversely affected Kuwait’s financial system, especially in the … banking sector from the crisis. It shows that the enactment of the capital market law is an important step toward the creation …
Persistent link: https://www.econbiz.de/10011244313
The key findings of Denmark’s 2008 Article IV Consultation are examined. The global liquidity crisis put the … financial sector under severe stress, but most banks have weathered the crisis well owing to strong initial positions and … supportive policies. The crisis accelerated a downturn that had begun in 2007 and tilted the balance of macroeconomic risk toward …
Persistent link: https://www.econbiz.de/10011244513
This paper presents key findings of the Financial System Stability Assessment of the Republic of Estonia. The Estonian financial sector is highly concentrated and foreign owned. Financial indicators suggest a sound banking sector, and show particular strength in asset quality and earnings. The...
Persistent link: https://www.econbiz.de/10011244568
From the 2002 Financial Sector Assessment Program (FSAP), a number of structural reforms have been carried out in the financial system. A number of measures have been taken in the regulatory, fiscal, and legal areas to improve credit quality and financial transparency. The stress test confirms...
Persistent link: https://www.econbiz.de/10011244664