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Hong Kong SAR's economy is recovering strongly as ample policy space has allowed the enaction of swift and bold policy responses to address the unprecedented crisis emanating from multiple shocks, including notably the pandemic. But the recovery remains uneven, with private consumption lagging,...
Persistent link: https://www.econbiz.de/10013168843
Persistent link: https://www.econbiz.de/10012604213
The Central Bank of Chile (CBC) has implemented broadly advanced transparency practices. This reflects the CBC's strong public commitment to transparency, which is anchored in the law and has been designated by the CBC as a strategic objective to fulfill its mandate. This policy has earned the...
Persistent link: https://www.econbiz.de/10012604062
Norway has made substantial progress in strengthening its framework for financial crisis management and bank safety nets since the 2015 FSAP. The Norwegian authorities have implemented the EU framework. The Bank Recovery and Resolution Directive (BRRD) has been transposed into the Norwegian...
Persistent link: https://www.econbiz.de/10012302812
The Italian financial safety net and crisis-management framework has been substantially strengthened since the 2013 FSAP. Among others, the authorities have enhanced the early intervention framework, introduced a new resolution regime (including recovery and resolution planning requirements),...
Persistent link: https://www.econbiz.de/10012266788
This technical note examines housing prices and financial stability in France. The note highlights that sharply rising … housing prices have caused concerns about mortgage credit risk and the stability of the financial system, particularly if the … macroeconomic environment were to deteriorate further. France’s housing market proved resilient during the crisis, declining by …
Persistent link: https://www.econbiz.de/10012667539
, financial system resilience, financial oversight, resolution of nonperforming loans, and financial safety nets. Montenegro is …
Persistent link: https://www.econbiz.de/10011460156
This Technical Assistance Report discusses measures to enhance the powers and independence of the National Securities and Stock Market Commission (NSSMC) in Ukraine. The NSSMC faces significant challenges in its role as the regulator of the Ukrainian securities market. Market activity has been...
Persistent link: https://www.econbiz.de/10011473248