In Asia, commercial banks are already playing an important role in the corporate bond market as issuers, underwriters, investors, and guarantors. This reflects banks' dominance of their financial markets, their high reputation, and the informational advantages they enjoy. Thus, banks should be...

Regulation is no longer an isolated discipline – in recent years it has become a key strategic factor for financial intermediaries competing in an increasingly globalised and interconnected world marked by exchange of information and international cooperation. Applied regulation means...

Front Cover -- Contents -- Executive Summary -- Glossary of Technical Terms -- Abbreviations -- Introduction -- PART I The AMC Toolkit -- Chapter 1 Why a Public AMC? Preconditions for Public AMCs -- Commitment to Comprehensive Reforms -- Systemic Crisis and Public Funds at Risk -- Solid...

This toolkit is designed for policy makers and stakeholders who are considering the establishment of a publicly funded asset management company (AMC). An AMC is a statutory body or corporation, fully or partially owned by the government, usually established in times of financial sector stress,...

"Financial Markets in Practice: From Post-Crisis Intermediation to FinTechs delivers an overview of risk transformations operated by the financial industries from the perspective of quantitative finance. It gives a pedagogical and comprehensive understanding of the structure of the financial...

This paper discusses the German asset management sector and an analysis of certain key aspects of the regulatory and supervisory regime. Germany has a large and diverse asset management sector to which it applies a strong and comprehensive regulatory framework. The sector is the third-largest in...