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over the medium term may offer a beneficial diversification of the financial system. Bulgaria began aligning its regulation …
Persistent link: https://www.econbiz.de/10012557646
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"This paper reviews the evidence on the importance of finance for economic well-being, provides data on the degree of use of basic financial services by households and firms across a sample of countries, assesses the desirability of more universal access, and overviews the macroeconomic, legal,...
Persistent link: https://www.econbiz.de/10010522611
"A well developed financial system enhances competition in the industrial sector by allowing easier entry. The impact varies across industries, however. For some, small changes in financial development quickly induce entry and dissipate incumbents' rents, generating strong incentives to oppose...
Persistent link: https://www.econbiz.de/10010522682
Securities markets in Mexico are orderly and relatively innovative; however, corporate markets lag behind those in comparator countries. The government bond market accounts for the bulk of the fixed-income segment, and is well developed and active. While financial savings rates have been growing,...
Persistent link: https://www.econbiz.de/10012560687
The Central Bank of the Republic of Turkey (CBRT), the Capital Markets Board and the Banking Regulation and Supervisory … and TRs. The BRSA as part of its banking supervision responsibility is responsible for regulation of payment instruments … and also regulation and supervision of non-bank e-money and payment institutions. This assessment covers the following …
Persistent link: https://www.econbiz.de/10012248419
This note reviews the main elements of the New Basel III global regulatory framework and its regulatory implications, as well as the menu of macro prudential regulatory options to consider for application to ensure more resilient banks and baking systems
Persistent link: https://www.econbiz.de/10012557729
This Note identifies four main theoretical options for securities markets self-regulation in India, based on precedents … Exchange (BSE). The new entity would be responsible for both market and member regulation. The Exchanges provide an existing … interest at Exchange SROs. (2) Hybrid structure: NSE and BSE retain responsibility for market regulation, and create a new …
Persistent link: https://www.econbiz.de/10012557815
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Eleventh in a series of annual reports comparing business regulation in 189 economies, Doing Business 2014 measures … economies on their overall “ease of doing business”, and analyzes reforms to business regulation – identifying which economies …
Persistent link: https://www.econbiz.de/10011393954