Showing 1 - 10 of 500
accountability and good central bank governance. It outlines the motivations for the establishment of audit committees in commercial …
Persistent link: https://www.econbiz.de/10005605398
exceed the requirements that exist in many other countries. Disclosure and transparency are key components of the OECD … important element of corporate governance because it promotes compliance and implementation of disclosure and corporate … governance obligations. The legislative and regulatory framework in Australia includes disclosure requirements that meet or …
Persistent link: https://www.econbiz.de/10011243130
This article reviews Germany's corporate governance system and the effectiveness of recent reforms. Since the early 1990s far-reaching reforms have complemented the traditional stakeholder system with important elements of the shareholder system. Instead of taking a view on the superiority of...
Persistent link: https://www.econbiz.de/10005263885
Israel’s compliance with International Organization of Securities Commissions’ objectives and Principles of Securities Regulation has been assessed. The regulatory regime is well developed and in most respects is comparable with that of major jurisdictions. For the most part, it is...
Persistent link: https://www.econbiz.de/10011242660
This paper presents Detailed Assessment of the United States’s implementation of the International Organization of Securities Commissions’ Objectives and Principles of Securities Regulation. The general preconditions for effective securities regulation in the United States are...
Persistent link: https://www.econbiz.de/10011243733
policy and setting of the risk tolerance level in order to ensure consistent risk-bearing capacity and greater accountability …
Persistent link: https://www.econbiz.de/10010790296
Credibility is the bedrock of any crisis stress test. The use of stress tests to manage systemic risk was introduced by the U.S. authorities in 2009 in the form of the Supervisory Capital Assessment Program. Since then, supervisory authorities in other jurisdictions have also conducted similar...
Persistent link: https://www.econbiz.de/10011142183
In South Africa, long-term insurers experienced some strains during the financial crisis, but there were no crisis-related failures. The capital markets suffered sharp declines but no systemic failures. The three standards assessments have found the regulatory system fundamentally sound. The...
Persistent link: https://www.econbiz.de/10011244153
In this paper, the structure of Colombia’s financial sector is analyzed and various risks of the financial sector are studied. Supervision of the financial system can be performed by supervisory architecture, banking supervision, various securities, and insurance policies. Systemic...
Persistent link: https://www.econbiz.de/10011244169
The insurance sector is underdeveloped and has been inadequately supervised to date, as the regulator lacks the requisite independence, skills, and resources. The three public pension systems, which cover less than 10 percent of the active population, appear to be fiscally unsustainable. The...
Persistent link: https://www.econbiz.de/10011244181