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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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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
Over the years, the demand for seamless and inexpensive cross-border payments has grown in parallel with growth in international e-commerce, remittances and tourism. Yet, cross-border payments have not kept pace with the intensive modernization that has characterized domestic payment services...
Persistent link: https://www.econbiz.de/10013255447
In recent years, due to innovations in technology, the concept of digital currency has emerged out of the desire of some private entities to replicate specific properties of cash in the digital space. Digital currencies have been issued in various electronic formats and value propositions, and...
Persistent link: https://www.econbiz.de/10013255448
CBDC, from design to implementation, and implications for the financial system, including on policy, regulation, and …
Persistent link: https://www.econbiz.de/10013255449
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This publication addresses the question of whether political, fiscal, and administrative decentralization improves …-conflict countries. The publication is a collection of eight papers written by authors who were closely involved in the decentralization … local councils. Compared to most other Sub-Saharan African countries that have embarked upon decentralization, Sierra Leone …
Persistent link: https://www.econbiz.de/10011393387
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"This program evaluation estimates the effects on standardized test scores of graduating from the Fe y Alegria private school system in Venezuela. The authors find an Average Treatment Effect on the order of 0.1 standard deviations (approximately 16 percent of the average score), using a control...
Persistent link: https://www.econbiz.de/10011394173
"Indonesia's "big bang" decentralization in 2001 shifted much of the responsibility for local economic development from …
Persistent link: https://www.econbiz.de/10010520990