Showing 1 - 10 of 1,221
This paper proposes a stylized sequencing of banking supervision and bank restructuring measures designed to complement … because the initial cost of bank restructuring can be offset, partly, through the budgetary effects of improved enterprise …
Persistent link: https://www.econbiz.de/10014395923
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
To mitigate the risks of contagion from problems arising in the banking sector, many countries operate some form of banking sector safety net. Such safety nets generally involve a judicious mixture of transparency and ambiguity. This ambiguity may be important to counter moral hazard effects but...
Persistent link: https://www.econbiz.de/10014401131
outside of the central bank, and the twin-peaks model, with a systemic risk regulator (central bank) on the one hand and a …
Persistent link: https://www.econbiz.de/10014403168
Technology Department, this paper examines fintech and the related area of cybersecurity from the perspective of central bank … examples of central bank risks related to fintech and cybersecurity. The paper highlights that fintech- and cybersecurity …
Persistent link: https://www.econbiz.de/10012604809
these operations. Despite a vast literature on the topic, central bank approaches and practices vary considerably. In this …
Persistent link: https://www.econbiz.de/10011436788
The paper presents a supervisory framework that addresses the vulnerabilities of partially dollarized banking systems. The tendency to underprice systemic liquidity risk and currency-induced credit risk creates vulnerabilities that need supervisory responses. The framework seeks to induce agents...
Persistent link: https://www.econbiz.de/10014399999
This paper argues that central bank legal protection contributes to safeguarding a central bank and its financial … financial supervisors (if the supervisor is part of the central bank), focusing on liability, immunity, and indemnification … arrangements, and based on the IMF's Central Bank Legislation Database. The paper also uses data from the IMF's Article IV and FSAP …
Persistent link: https://www.econbiz.de/10011905876
Financial markets are eager for any signal of monetary policy from the People's Bank of China (PBC). The importance of …
Persistent link: https://www.econbiz.de/10011978360
The level and trend in cash use in a country will influence the demand for central bank digital currency (CBDC). While … access to digital currency will be more convenient than traveling to an ATM, it only makes CBDC like a bank debit card …
Persistent link: https://www.econbiz.de/10012009449