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Technological innovation in Korea holds great potential for the deepening of its financial system, that could lead to an increase of product offerings and lowering of transaction costs. Korea's financial sector legal framework, particularly the recently announced open banking initiative and...
Persistent link: https://www.econbiz.de/10012302382
The Korean insolvency and creditor rights framework is complex and has undergone several reforms in recent years. Consistent efforts to enhance the efficiency and effectiveness of the insolvency system have been made since the Asian crisis by the multiple government agencies that oversee the...
Persistent link: https://www.econbiz.de/10012302766
Oversight of the Korean financial system is broadly effective. Korea's Financial Services Commission (FSC) and Financial Supervisory Service (FSS) have in place regulatory and supervisory regimes in line with international standards with only a few remaining gaps. The authorities have addressed...
Persistent link: https://www.econbiz.de/10012302769
This technical note on nonfinancial corporations and households vulnerabilities on France analyzes the structure of … Economiques, the Haut Conseil de Stabilite Financiere and the Banque de France by undertaking a cross-country comparative analysis …
Persistent link: https://www.econbiz.de/10012122752
This technical note presents risk analysis of banking and insurance sector in France. The assessment is based on stress …
Persistent link: https://www.econbiz.de/10012122754
This technical note focuses on issues in insurance supervision and regulation on France. France has a very high level …
Persistent link: https://www.econbiz.de/10012122757
main challenge for the LSI sector in France. As noted, earnings have been under pressure due to the persistent low interest … does not pose significant issues for the LSI sector in France …
Persistent link: https://www.econbiz.de/10012122763
This technical note on Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) regime in France … summarizes the findings of a targeted review of France's AML/CFT framework with respect to measures to prevent and combat … since France's previous assessment. Authorities are recommended to promote stronger AML/CFT controls by enhancing …
Persistent link: https://www.econbiz.de/10012122764
This technical note on macroprudential policy framework and tools on France highlights that the institutional …
Persistent link: https://www.econbiz.de/10012122767
This technical note explores key attributes of effective resolution regimes (KA) for insurance companies on France. The …
Persistent link: https://www.econbiz.de/10012122768