Showing 1 - 10 of 177
, and the interaction with banks’ risk management, supervisory tools and statistical requirements. It also examines how the …
Persistent link: https://www.econbiz.de/10011606165
Following the adoption by the Basel Committee of new capital rules for banks, a process is now taking place in the EU to transpose the rules into Community law and, ultimately, into national legislation. This paper gives an overview of the main issues that relate to the EU implementation, mainly...
Persistent link: https://www.econbiz.de/10011606194
This paper reviews financial stability challenges in the EU candidate countries Croatia, Turkey and the former Yugoslav Republic of Macedonia. It examines the fi nancial sectors in these three economies, which, while at very different stages of development and embedded in quite diverse economic...
Persistent link: https://www.econbiz.de/10011606247
In January 2007 the International Monetary Fund (IMF) published, on an ad hoc basis, a series of financial soundness indicators (FSIs) based on a common methodology (the IMF compilation Guide) for 62 countries, including all 27 European Union countries. The European Central Bank (ECB), jointly...
Persistent link: https://www.econbiz.de/10011606251
The main strength of today’s international monetary system – its flexibility and adaptability to the different needs of its users – can also become its weakness, as it may contribute to unsustainable growth models and imbalances. The global financial crisis has shown that the system cannot...
Persistent link: https://www.econbiz.de/10011606275
Islamic finance is based on ethical principles in line with Islamic religious law. Despite its low share of the global financial market, Islamic finance has been one of this sector’s fastest growing components over the last decades and has gained further momentum in the wake of the financial...
Persistent link: https://www.econbiz.de/10011606298
This paper reviews financial stability challenges in countries preparing for EU membership, i.e. Albania, Bosnia and Herzegovina, Kosovo*, Iceland, the former Yugoslav Republic of Macedonia, Montenegro, Serbia and Turkey. The paper has been prepared by an expert group of staff from the European...
Persistent link: https://www.econbiz.de/10011606316
Die große Stabilität des deutschen Wohnimmobilienfinanzierungsmarktes lässt es fraglich erscheinen, ob makroprudenzielle Instrumente tatsächlich benötigt werden und ob deren gesellschaftliche Kosten den Nutzen für die Finanzstabilität nicht überschreiten. Wenn solche Gesetze eingeführt...
Persistent link: https://www.econbiz.de/10011633468
. Second, risk-based contributions can and should internalise specificities of banks and banking systems. This would tackle … moral hazard and facilitate moving forward with risk sharing measures towards the completion of the Banking Union in … parallel with risk reduction measures; this approach would also be preferable to lowering the target level of the DIF to take …
Persistent link: https://www.econbiz.de/10011972271
This paper presents the analysis underpinning the ESRB Recommendation on guidance on setting countercyclical buffer rates (ESRB 2014/1). The Recommendation is designed to help authorities tasked with setting the countercyclical capital buffer (CCB) to operationalise this new macroprudential...
Persistent link: https://www.econbiz.de/10011984876