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progress is to be made in the effective regulation and supervision of the financial services sector. It also highlights …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 …
Persistent link: https://www.econbiz.de/10011259086
We study the optimal regulation of a cooperative credit society which has private information on the intrinsic quality … supervisor’s signal, the likelihood of facing a high quality credit cooperative, and the cost of supervision. …
Persistent link: https://www.econbiz.de/10011259760
We analyze the optimal regulation of a MFI that has private information on the intrinsic quality of its loan portfolio … and costs of regulation in terms of leaving an informational rent for a high quality MFI. We identify conditions for the …, the likelihood of facing a high quality MFI, and the cost of supervision. However, since improving the accuracy of …
Persistent link: https://www.econbiz.de/10011259987
delegation of supervisory responsibilities in the UK, namely the transfer of bank supervision from the Financial Services …
Persistent link: https://www.econbiz.de/10011261038
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
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
The regulation and supervision of pension funds is a critical part of building public confidence in a funded …-pension system. This paper argues that confidence is best bolstered by an independent, autonomous and transparent supervision agency …, particularly when previous systems had failed. The choice between proactive and reactive supervision depends on previous experience …
Persistent link: https://www.econbiz.de/10005061691
risk appears linear and negative. With respect to the combined effect of efficient supervision and banking regulation (in …This paper investigates the role of banking supervision, measured in terms of enforcement outputs (i.e., on-site audits … and sanctions) in containing bank risk-taking. Our results on the direct banking supervision–risk-taking correlation show …
Persistent link: https://www.econbiz.de/10005034362
In this study, using the World Bank’s Bank Regulation and Supervision Survey (BRSS) data, we draw insights about the … bank regulatory/supervisory styles, illustrate the differences in regulation/supervision among crisis, non-crisis and BRICS … countries, and highlight the ways in which bank regulation and supervision has changed during the crisis period. The study …
Persistent link: https://www.econbiz.de/10011113271
Central banks’ economic and political importance has grown in advanced economies since the start of the Great Financial Crisis in 2007. An unwillingness or inability of governments to use countercyclical fiscal policy has made monetary policy the only stabilization tool in town. However, much...
Persistent link: https://www.econbiz.de/10011114270