Showing 1 - 10 of 31
The need for effective supervision of capital markets is becoming all the more evident in the aftermath of the recent … paper is aimed at highlighting why the transfer of bank supervision back to the Bank of England is required if further … progress is to be made in the effective regulation and supervision of the financial services sector. It also highlights …
Persistent link: https://www.econbiz.de/10011259086
supervisor’s signal, the likelihood of facing a high quality credit cooperative, and the cost of supervision. …
Persistent link: https://www.econbiz.de/10011259760
, the likelihood of facing a high quality MFI, and the cost of supervision. However, since improving the accuracy of … supervision is costly, even in the optimal monitoring scheme there generally exists a positive probability of MFI failure. The …
Persistent link: https://www.econbiz.de/10011259987
This paper highlights why financial bailouts are an inevitable and necessary element in global efforts aimed at ensuring that financial stability is sustained. How could such bailouts be conducted in such a way that moral hazard does not become a too frequent, ever recurring issue? Systemic...
Persistent link: https://www.econbiz.de/10011260835
delegation of supervisory responsibilities in the UK, namely the transfer of bank supervision from the Financial Services …
Persistent link: https://www.econbiz.de/10011261038
In response to the recent Financial Crisis - after it had been widely accepted that “a serious disturbance in the economy of Member States” had occurred, and that several measures were required to remedy this disturbance, various Commission communications were adopted. The Communications...
Persistent link: https://www.econbiz.de/10009294582
Supervision) at BIS (Bank of International Settlements) and the FSB(Financial Stability Board) have reached agreements or will …
Persistent link: https://www.econbiz.de/10009397158
In December 2008, as the nancial and economic crisis continued on its devastating course, a new scandal erupted. After the 1998's failure of Long-Term Capital Management, Madoff's fraud once again discredits the hedge funds industry. This scandal is however of a dierent kind. Indeed, Madoff's rm...
Persistent link: https://www.econbiz.de/10009493274
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
: regulation and supervision. We first briefly outline the main steps in the development of the Financial Services Action Plan …
Persistent link: https://www.econbiz.de/10005789228