Various indicators place Cyprus’s banking system soundness ahead of emerging countries but behind advanced economies. This report discusses financial sector stability in Cyprus, using a combination of accounting-based and market-based indicators, and stress tests. Cypriot commercial banks...

This paper discusses key findings of the financial sector stability assessment for Romania. The assessment reveals that in recent years, Romania’s financial sector regulatory authorities have made significant progress in adopting international best practices, including through...

В статье рассматриваются взаимодействие и взаимовлияние процессов глобализации и регионализации на развитие мировых фондовых бирж.

В статье рассматривается процесс консолидации мировых фондовых бирж, вызванный усилившейся конкуренцией между традиционными биржевыми площадками и...

В статье представлены подходы к определению категории регионального рынка ценных бумаг. Рассмотрены проблемы функционирования регионального рынка ценных...

Статья посвящена проблемам развития рынка ценных бумаг в странах с переходной экономикой. Проведено исследование основных показателей рынка ценных бумаг в...

The author proposes security transaction charge on secondary market and the charge so collected should be deposited in special fund for the corporate under the “Value Kinetic Safety Fund”. The fund so collected in form of Security Transaction Charge (STC) should be maintained, supervised &...

This research considers the strategies on the initial public offering of company equity at the stock exchanges in the imperfect highly volatile global capital markets with the nonlinearities. We provide the IPO definition and compare the initial listing requirements on the various markets. We...

Using newly-constructed data covering the last decade, we document that, in most of forty markets, when added to the main index, firms’ returns experience an increase in comovement with the rest of the index, reflected in higher beta and greater explanatory power of the market return....

Financial markets in the CE4 countries are still shallow compared to other advanced EU countries. While the government bond markets are comparable in size, measured by capitalization in percent of GDP, the private bond, private credit, and equity markets lag behind. Empirical analysis in this...