The global financial crisis underlined that sound and effective bank regulation is vital to financial stability … outbreak. The crisis reflected the failure of regulatory authorities to keep pace with financial innovation. Bank supervision … had been weak by any measure. Supervisors did not conduct regular onsite bank inspections or examinations of sufficient …

The main objective of this paper is to suggest reform measures to address the gaps and weaknesses in emerging Asia …'s financial regulatory and supervisory systems, on the basis of lessons drawn from the global crisis. For emerging Asia, the …-ranging financial reforms, emerging Asia will face dramatic changes in the global financial landscape. The region's authorities need to …

no comparable political and legal integration. Nevertheless, Asia can draw useful lessons from European experiences in …

bank-specific default-risk variables. Discipline is measured by estimating a supply of deposit funds function at Thai banks … from 1992 to 1997. The results show that supply decreases as bank-specific risk increases. Also, the sensitivity of funds … to changes in bank-specific risk increases as systemic risk rises. Additionally, depositors decrease their sensitivity to …

In the wake of the Asian financial crisis, many regimes in Asia adopted stricter provisioning requirements, as well as … throughout emerging Asia, most strikingly so in the case of India. Thus, loan loss provisioning did not simply become more …

no comparable political and legal integration. Nevertheless, Asia can draw useful lessons from European experiences in …

no comparable political and legal integration. Nevertheless, Asia can draw useful lessons from European experiences in …

to tell. The Bank of Thailand as well as regulatory and supervisory authorities have played a pivotal role in achieving …