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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
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With the recent stock market frauds in markets around the world such as the Madoff case in the U.S. and the recent … World Bank and the International Corporate Governance Network (ICGN), along with major fund managers, are formulating sets … poor job of policing the complex world of finance and that the greater part of the task will be left to self policing on …
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governments around the world as monitors of their self-owned banks. Countries should build on this potential for market discipline … strengthen countries' financial systems"--World Bank web site …
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During Myanmar's decade of reforms, financial sector reforms were widely recognized to be a critical underpinning of Myanmar's democratization process, enabling the transition to a more egalitarian, accessible economy. Accordingly, the government developed a program of wide-ranging financial...
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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 …
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absence of global standards, the IMF-World Bank Bali Fintech Agenda (BFA), along with guidance by Standard Setting Bodies …
Persistent link: https://www.econbiz.de/10013254875
A new amendment to the Law on Credit Unions (CU) dated November 5, 2009, will pass CU supervision to the Polish Financial Services Authority (PFSA), the body that regulates other financial institutions in Poland. Currently, CUs (also known as SKOKs by their Polish acronym) are regulated under...
Persistent link: https://www.econbiz.de/10012557527