Showing 1 - 10 of 15
their supervisory roles and functions, have necessitated an extension of central banks role in the management of liquidity …
Persistent link: https://www.econbiz.de/10008683306
Even though the Congress and the Administration are responsible for determining fiscal policy measures, these measures impact the Fed Reserve's monetary policy decisons. The indirect effect of fiscal policy on the conduct of monetary policy through its influence on the overall economy and the...
Persistent link: https://www.econbiz.de/10011261038
Rescue cases involving guarantees (contrasted with restructuring cases) during the recent Financial Crisis, have illustrated the prominent position which the goal of promoting financial stability has assumed over that of the prevention or limitation of possible distortions of competition which...
Persistent link: https://www.econbiz.de/10008693548
could become overly dependent on monetary policy and liquidity sustenance measures provided during deteriorating financial …
Persistent link: https://www.econbiz.de/10008740556
The Basel Committee’s recent consultative document on the “Proposal to Ensure the Loss Absorbency of Regulatory Capital at the Point of Non Viability” sets out a proposal aimed at “enhancing the entry criteria of regulatory capital to ensure that all regulatory capital instruments issued...
Persistent link: https://www.econbiz.de/10008534207
recent Basel Committee's initiatives, that is, Basel III. These two regulatory tools being capital and liquidity requirements … why the Basel Committee's liquidity requirements and present proposals aimed at addressing liquidity risks, still … Crisis, the paper will highlight how runs on banks are triggered by liquidity crises and that liquidity risks cannot be …
Persistent link: https://www.econbiz.de/10008777385
Developments since the introduction of the 1988 Basel Capital Accord have resulted in growing realisation that new forms of risks have emerged and that previously existing and managed forms require further redress. The revised Capital Accord, Basel II, evolved to a form of meta regulation – a...
Persistent link: https://www.econbiz.de/10008646772
still face severe liquidity problems. As well as an increase of the minimum common equity requirement from 2% to 4.5%, the …
Persistent link: https://www.econbiz.de/10008836405
A sufficient and appropriate degree of central bank independence is widely acknowledged to be necessary for the goal of achieving price stability. However, despite the levels of independence claimed to be enjoyed by several central banks, recent events indicate shifts in focus of monetary policy...
Persistent link: https://www.econbiz.de/10011257824
the order of the consultative processes, namely, the capital proposals, the liquidity proposals and the Proposal to ensure … strengthening the resilience of the banking sector, the proposal relating to international framework for liquidity risk measurement … with capital adequacy requirements could still face severe liquidity problems. As well as highlighting the importance of …
Persistent link: https://www.econbiz.de/10009246895