This paper consists of two parts. Part I discusses the Canadian experience with moral hazard and deposit insurance. It takes a look at the benefits and costs of deposit insurance and the future policy issues in Canada with regard to the safety net and deposit insurance. Part II analyses the...

This paper builds on the materials prepared for the SEACEN Seminar on National Institutional Arrangements in Banking Supervision held in Taipei during 29-31 March 2000. It surveys the arrangements adopted by various countries to regulate banks and discusses the potential conflicts that may arise...

Global shocks challenged the stability of Asia-Pacific economies in 2008 and will most likely remain a source of strain in 2009. Authorities in many countries took a range of actions to secure financial stability and limit downside risks to the near-term economic outlook. Attention was also...

This paper provides an excellent summary of the main issues relating to financial stability and offers some suggestions on the policies that can be adopted to reduce the potential for systemic instability. It explains why financial stability is important to the economy and why governments need...

The paper attempts to explore and compare a number of key developments in monetary management in selected advanced economies with Thailand. It starts off with (i) a simple model of central banking, followed by (ii) a brief history of developments in monetary policy implementation, both in terms...

This Occasional Paper was prepared by Bank of Thailand as a background paper to facilitate discussions among the SEACEN Governors at the 42nd SEACEN Governors' Conference held on 27-29 July 2007 in Bangkok, Thailand. The objective of the paper is to highlight the current global economic and...

This paper reviews the issues involved in the use and liberalisation of capital controls, as experienced by some of the IMF member countries. Apart from reviewing the nature and scope of capital controls, it delves into the theoretical considerations in the use of capital controls, speed and...

To support the workout process and resolution of NPL problems, the Thai authorities instituted a number of important policies under a general philosophy of maximising the creditors' chances of getting repayment subject to the debtors' ability to repay the loan. The multi-faceted framework...

The paper covers some key issues on the role of external auditors in the supervision of financial institutions in Malaysia. It is concerned with getting the external auditors to break new ground so as to complement the efforts of both the central bank and the internal auditor in the inspection...

This paper was presented at the SEACEN Course on Banking Laws and Regulations, mounted at The SEACEN Centre on 7 - 25 November 1994. This paper surveys the major issues in planning and regulating payment systems in developing countries. The focus is on the issues affecting payment systems in...