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Based on technical assistance to central banks by the IMF's Monetary and Capital Markets Department and Information Technology Department, this paper examines fintech and the related area of cybersecurity from the perspective of central bank risk management. The paper draws on findings from the...
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This paper describes how behavioral elements are relevant to financial supervision, regulation, and central banking. It focuses on (1) behavioral effects of norms (social, legal, and market); (2) behavior of others (internalization, identification, and compliance); and (3) psychological biases....
Persistent link: https://www.econbiz.de/10011905870
This paper argues that central bank legal protection contributes to safeguarding a central bank and its financial supervisor's independence, especially for conducting monetary and financial stability policy. However, such legal protection also entails enhanced accountability. To this end, the...
Persistent link: https://www.econbiz.de/10011905876
This paper explores insolvency and debt recovery procedures, and political, legal, and institutional factors … structures and the depth of recessions across economies. Second, aspects of insolvency procedures favoring rehabilitation of …
Persistent link: https://www.econbiz.de/10014400638