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observed in the quality of consumer loan portfolio, the foreign exchange mortgage loan portfolio also presents vulnerabilities …
Persistent link: https://www.econbiz.de/10011242967
market. The government improved the legal environment for mortgage finance by passing reforms that reduced the average time … facilitating mortgage securitization. …
Persistent link: https://www.econbiz.de/10011243628
This paper argues that making affordable home mortgage loans available to a large cross section of the population will … and mortgage markets in selected Middle East and North Africa (MENA) countries (Algeria, Egypt, Jordan, Morocco, and … growth of alleviating housing shortages by improving access to mortgage financing. …
Persistent link: https://www.econbiz.de/10005825998
This paper presents assessment results for the current state of the implementation of the Basel Core Principles for Effective Banking Supervision (BCP) in Spain. It found that significant changes have occurred in Spain since the last Financial Sector Assessment Program. The most serious has been...
Persistent link: https://www.econbiz.de/10011244598
Insurance regulation in South Africa is sound and takes a thorough approach to regulation, recognizes the scale and development of the market, and the need for effective market conduct as prudential regulation. There are particular challenges in improving standards of market conduct, in both...
Persistent link: https://www.econbiz.de/10011245840
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
The increasing ability to trade credit risk in financial markets has facilitated its dispersion across the financial and other sectors. However, specific risks attached to credit risk transfer (CRT) instruments in a market with still-limited liquidity means that its rapid expansion may actually...
Persistent link: https://www.econbiz.de/10005826449
This paper presents a Financial System Stability Assessment Update for Slovenia, including Reports on the Observance of Standards and Codes on Banking Supervision and Insurance Supervision. The Slovenian financial system appears sound overall but faces new challenges and risks with European...
Persistent link: https://www.econbiz.de/10005599018
Contingent liabilities have gained prominence in the analysis of public finance. Indeed, history is full of episodes in which the financial position of the public sector is substantially altered-or its true nature uncovered-as a result of government bailouts of financial or nonfinancial...
Persistent link: https://www.econbiz.de/10005599325
This paper examines the prudential issues associated with credit concentration in less diversified economies (LDEs), which are identified as countries where one or two sectors represent a large share of exports. In preparing this analysis, the characteristics of their financial and banking...
Persistent link: https://www.econbiz.de/10005599549