Narrow search
Showing 1 - 10 of 9,762
Cover Image
Playing the shadowy world of emerging market shadow banking
Michael, Bryane - 2014
For emerging market regulators, shadow banking represents an activity which they must control. For businessmen in economies like Russia, Argentina, Saudi Arabia and Mexico, shadow banking represents an important business opportunity. By extending credit to risky (but promising) activities...
Persistent link: https://www.econbiz.de/10010514169
Cover Image
Regulators nurturing FinTech innovation : global evolution of the regulatory sandbox as opportunity based regulation
Ahern, Deirdre - 2020
The regulatory sandbox is a real world alternative to regulatory lag. Its emergence as a novel regulatory development responds to challenges faced by FinTech innovators in navigating an unwieldy regulatory landscape not designed with FinTech in mind. Regulatory sandboxes are in operation in...
Persistent link: https://www.econbiz.de/10012427907
Cover Image
Cyber security and ransomware in financial markets
Ahnert, Toni; Brolley, Michael; Cimon, David; Riordan, Ryan - 2022 - Last updated: July 14, 2022
Financial markets face the constant threat of cyber attacks. We develop a principal-agent model of cyber-attacking with fee-paying clients who delegate security decisions to financial platforms. We derive testable implications about clients' vulnerability to cyber attacks and about the fees...
Persistent link: https://www.econbiz.de/10013277108
Cover Image
Overview of financial inclusion, regulation, and education
Yoshino, Naoyuki; Morgan, Peter J. - 2016
Financial inclusion is receiving increasing attention for its potential to contribute to economic and financial development while fostering more inclusive growth and greater income equality. Although substantial progress has been made, there is still much to achieve. East Asia, the Pacific, and...
Persistent link: https://www.econbiz.de/10011540468
Cover Image
Financial Inclusion and Financial Stability : Current Policy Issues
Hannig, Alfred - 2011
small volumes. Although this profile may raise some concerns regarding reputational risks for the central bank and consumer …
Persistent link: https://www.econbiz.de/10013132039
Cover Image
Safe payments
Chiu, Jonathan; Davoodalhosseini, Seyed Mohammadreza; … - 2020 - Last updated: December 10, 2020
We use a simple model to study whether private payment systems based on bank deposits can provide the optimal level of … safety. In the model, bank deposits backed by projects are subject to default risk that can be mitigated by a depositor's ex … ante and ex post monitoring. Safe payment instruments issued by a narrow bank can also be used as a back-up payment system …
Persistent link: https://www.econbiz.de/10012388751
Cover Image
An economic perspective on payments migration
Kosse, Anneke; Lu, Zhentong; Xerri, Gabriel - 2020 - Last updated: June 5, 2020
Canada is in the midst of developing three new core payment systems: Lynx, Settlement Optimization Engine (SOE) and Real-Time Rail (RTR). Lynx and SOE will replace the current Large Value Transfer System (LVTS) and Automated Clearing Settlement System (ACSS), whereas RTR will be a new...
Persistent link: https://www.econbiz.de/10012243367
Cover Image
Financial sector competition, service trade, and growth
Francois, Joseph F.; Eschenbach, Felix - 2002
competition/performance and financia1 sector openness (meaning foreign bank access to domestic markets), and between growth and …
Persistent link: https://www.econbiz.de/10011327533
Cover Image
Financial Sector Competition, Services Trade, and Growth
Francois, Joseph F.; Eschenbach, Felix - 2002
competition/performance and financial sector openness (meaning foreign bank access to domestic markets), and between growth and …
Persistent link: https://www.econbiz.de/10014107416
Cover Image
Trade in financial services : procompetitive effects and growth performance
Francois, Joseph F.; Schuknecht, Lutger - 1999 - Rev.
In this paper we explore linkages between financial services tradeand growth. We offer aformalization of the argument that trade, through the fostering offinancial market integration,may yield important long-run effects related to increasedcompetition. The relationshipsformalized here link...
Persistent link: https://www.econbiz.de/10011301163