Formalization of Banking Supervision PDF Download

Author: Eiji Hotori
Publisher: Springer Nature
ISBN: 9811667837
Category : Business & Economics
Languages : en
Pages : 173

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Book Description
This open access book is the first attempt to elaborate the formalization phase of banking supervision in eight developed countries—USA, Japan, Sweden, Germany, Switzerland, Belgium, France, and UK. This innovative study in the field of banking supervision history identifies why national histories of banking supervision share similarities, but also remain different and are heavily path dependent. This book will be of great interest not only to financial/economic historians but also to general readers interested in banking supervision, i.e., students, bankers, supervisors, and international officials.

Author: International Monetary Fund. Monetary and Capital Markets Department
Publisher: International Monetary Fund
ISBN: 1484349903
Category : Business & Economics
Languages : en
Pages : 60

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Book Description
This article summarizes the financial performance and crisis management of the Republic of Kosovo. Kosovo’s economic condition shows stability in systematic risks, but it also has vulnerabilities. Kosovo banks are exposed to macrofinancial risks because of its open economy, but the Central Bank of the Republic of Kosovo (CBK) has immensely promoted the growth and stability of the banking sector. CBK should also monitor certain interest rates, tax rates, and foreign rates. The current system should allow the growth of microfinance institutions to reach the competition in the global banking sector.

Author: Ashraf Khan
Publisher: International Monetary Fund
ISBN: 148437228X
Category : Business & Economics
Languages : en
Pages : 56

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Book Description
This paper describes how behavioral elements are relevant to financial supervision, regulation, and central banking. It focuses on (1) behavioral effects of norms (social, legal, and market); (2) behavior of others (internalization, identification, and compliance); and (3) psychological biases. It stresses that financial supervisors, regulators, and central banks have not yet realized the full potential that these behavioral elements hold. To do so, they need to devise a behavioral approach that includes aspects relating to individual and group behavior. The paper provides case examples of experiments with such an approach, including behavioral supervision. Finally, it highlights areas for further research.

Author: Mr. Inwon Song
Publisher: International Monetary Fund
ISBN: 1498319270
Category : Business & Economics
Languages : en
Pages : 42

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Book Description
The growing presence of Islamic banking needs to be accompanied by the development of effective regulation and supervision. This paper examines the results of the survey conducted by the International Monetary Fund to document international experiences and country practices related to legal and prudential frameworks governing Islamic banking activities. Although a number of countries have made considerable progress in creating legal, regulatory, and supervisory frameworks that accommodate Islamic banking, there are substantial differences. This paper also identifies a number of challenges faced by regulatory and supervisory agencies regarding Islamic banking.

Author: Economic Commission for Europe
Publisher: United Nations
ISBN: 9210046994
Category : Business & Economics
Languages : en
Pages : 56

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Book Description
This publication is a brief, practical and easy-to-read guide, explaining how to structure a programme for the formalization of informal constructions. It shows how to do this in an affordable, reliable, inclusive and timely manner so that governments can meet the Sustainable development Goals (SDGs) by 2030 and implement the New Urban Agenda. The focus is on the formalization process itself, but there are also descriptions of the preparatory work needed to analyze problem magnitude, as well as how to find political acceptance, identify post-formalization factors, and identify the root problems that cause future informality. The causes of informal development include rapid urbanization, lack of affordable housing, poverty, internal migration, conflicts, marginalization, natural disasters, cumbersome authorization processes, serious weaknesses in the private sector, and corruption. Sometimes society’s most vulnerable groups use it to “move-up” from poverty, sometimes people desiring better housing use extra-legal processes to avoid flaws in existing land-market legal systems. These factors often lead to more inspections, bureaucracy, penalties, fees and sometimes even imprisonment. When the causes are systemic, these measures are more likely to exacerbate than resolve the problem. This guide will assist in all aspects of the informal construction formalization process, to the benefit of inhabitants, governments and stake holders.

Author: International Monetary Fund. Monetary and Capital Markets Department
Publisher: International Monetary Fund
ISBN: 1484347099
Category : Business & Economics
Languages : en
Pages : 71

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Book Description
The paper assesses the stability of Namibia’s financial system. Macrofinancial vulnerabilities have built up over a period of rapid economic growth in Namibia, and the financial cycle has now turned down. The sovereign debt/GDP ratio has nearly doubled since 2014 which has reinforced the already strong bank-sovereign link. The rapid rise in housing prices and household debt, banks’ large exposure to mortgages, and banks reliance on wholesale funding are sources of concern. A major decline in real estate prices would adversely affect bank capital and profitability. Financial sector oversight has been strengthened significantly since the 2006 Financial System Assessment Program, but further upgrades are needed.

Author: World Bank
Publisher: World Bank Publications
ISBN: 1464814414
Category : Business & Economics
Languages : en
Pages : 241

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Book Description
Seventeen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2020 measures aspects of regulation affecting 10 areas of everyday business activity.

Author: Franziska Ohnsorge
Publisher: World Bank Publications
ISBN: 1464817545
Category : Business & Economics
Languages : en
Pages : 397

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Book Description
A large percentage of workers and firms operate in the informal economy, outside the line of sight of governments in emerging market and developing economies. This may hold back the recovery in these economies from the deep recessions caused by the COVID-19 pandemic--unless governments adopt a broad set of policies to address the challenges of widespread informality. This study is the first comprehensive analysis of the extent of informality and its implications for a durable economic recovery and for long-term development. It finds that pervasive informality is associated with significantly weaker economic outcomes--including lower government resources to combat recessions, lower per capita incomes, greater poverty, less financial development, and weaker investment and productivity.

Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1475530730
Category : Business & Economics
Languages : en
Pages : 64

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Book Description
The paper discusses the stability of Brazil's financial system, which is diversified and shows sustained economic progress. Fiscal and monetary policies have been aimed to improve bank reserves, and foreign exchange intervention has been streamlined to curb volatility in the exchange market. These measures have been effective in achieving the immediate targets, maintaining macroeconomic stability, and ensuring adequate financial sector buffers. However, there are indications of emerging strains in some sectors and asset classes.

Author: Forrest Capie
Publisher: Cambridge University Press
ISBN: 9780521496346
Category : Business & Economics
Languages : en
Pages : 396

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Book Description
This volume contains two major papers prepared for the Bank of England's Tercentenary Symposium in June 1994. The first, by Forrest Capie, Charles Goodhart and Norbert Schnadt, provides an authoritative account of the evolution of central banking. It traces the development of both the monetary and financial stability concerns of central banks, and includes individual sections on the evolution and constitutional positions of 31 central banks from around the world. The second paper, by Stanley Fischer, explores the major policy dilemmas now facing central bankers: the extent to which there is a short-term trade-off between inflation and growth; the choice of inflation targets; and the choice of operating procedures. Important contributions by leading central bankers from around the world, and the related Per Jacobsen lecture by Alexander Lamfalussy, are also included in the volume.