Showing 1 - 10 of 1,942
The report focuses on the role played by financial market infrastructures (FMIs) in maintaining and promoting financial stability in Japan. FMIs are important tools that contribute to the Japanese financial sector, especially in the domain of domestic financial stability. The oversight and...
Persistent link: https://www.econbiz.de/10011242603
The paper proposes a framework for examining the process of financial market development. The framework, consistent with the functional view of financial system design, is anchored in studying the incentives facing the key players in financial markets-borrowers, lenders, liquidity providers, and...
Persistent link: https://www.econbiz.de/10008528687
This paper discusses the Financial System Stability Assessment for South Africa, and reviews the Report on the Observance of Standards and Codes on Securities Regulation. The assessment reveals that South Africa’s sophisticated financial system is fundamentally sound and has so far...
Persistent link: https://www.econbiz.de/10011244235
too-big-to-fail entities in the making. The present regulatory and reform efforts may not remove the systemic risk from …
Persistent link: https://www.econbiz.de/10008876583
The G-20 Data Gaps Initiative has called for the IMF to develop standard measures of tail risk, which we identify in … this paper with systemic risk. To understand the conditions under which tail risk is present, it is first necessary to … performance of eleven near-term systemic risk indicators as ‘early’ warning of distress among top financial institutions in the …
Persistent link: https://www.econbiz.de/10010790432
risk transfers could modify the risk profile of entire financial systems, and thus an enriched simulation algorithm able to … account for risk transfers is proposed. Finally, we discuss how some of the limitations of our simulations are a reflection of …
Persistent link: https://www.econbiz.de/10008533219
, it shows that the Lehman Brothers failure was a watershed event in the crisis, although signs of heightened systemic risk …
Persistent link: https://www.econbiz.de/10008460596
:(i) the design of financial regulation; (ii) a better way of assessing systemic risk; and (iii) mechanisms for more effective …
Persistent link: https://www.econbiz.de/10005605385
Stress testing is becoming a widely used tool to assess potential vulnerabilities in a financial system. This paper is intended to answer some of the basic questions that may arise as part of the process of stress testing. The paper begins with a discussion of stress testing in a financial...
Persistent link: https://www.econbiz.de/10005826600
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
Persistent link: https://www.econbiz.de/10011242698