Banking Law And Financial Regulation In Pakistan

Author : Muhammad Hassan Idrees
Publisher : Unknown
Page : 0 pages
File Size : 48,5 Mb
Release : 2024
Category : Bank loans
ISBN : 1032765046

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Banking Law and Financial Regulation in Pakistan by Muhammad Hassan Idrees Pdf

"This book offers an analysis of the contemporary significance of the practice of Lender of Last Resort (LOLR) in Pakistan. Aiming to identify deficiencies in current financial system legislation, the book details the role of LOLR and its essential presence in establishing a resilient banking and financial system. Beginning with an assessment of the emergence of Central Banks as domestic financial regulators, this volume draws from the principles of Walter Bagehot and Henry Thornton for LOLR rescue operations. Examining the International Monetary Fund's (IMF) role as an international lender of last resort and scrutinising its rescue efforts, the book uses case studies of the Central Banks in the United Kingdom and the United States to suggest reforms for Pakistan's system. It explores the causes of financial crises and evaluates the factors that have made LOLR an integral part of Central Banks responsibilities. It compares LOLR operations in the cases of AIG and Lehman Brothers in the United States and Northern Rock in the United Kingdom, comparing these to cases in Pakistan to pinpoint key gaps in the State Bank of Pakistan's LOLR operations. Furthermore, it discusses the Basel Accord I, II, and III: the key international regulations for the banking sector. The book will be of interest to scholars and students in the field of financial and banking law"--

Author : Asrar H. Siddiqi
Publisher : Royal Publishing Company
Page : 456 pages
File Size : 48,8 Mb
Release : 1998
Category : Law
ISBN : UOM:39015042087125

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Practice and Law of Banking in Pakistan by Asrar H. Siddiqi Pdf

Author : Ruth Plato-Shinar
Publisher : Kluwer Law International B.V.
Page : 330 pages
File Size : 41,6 Mb
Release : 2016-09-15
Category : Law
ISBN : 9789041167927

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Banking Regulation in Israel by Ruth Plato-Shinar Pdf

In the aftermath of the 2008 global financial crisis, many governments are seeking ways to improve their banking regulation systems in the interests of both economic health and consumer protection. Among the globally competitive countries that withstood the crisis with no significant disruption, Israel stands out, suggesting that other countries might benefit from an in-depth analysis of its banking system. This is the first book in English to provide such an analysis, emphasizing the crucial balance between prudential regulation and conduct of business regulation, which in Israel are both regulated by the same agency, unlike the ‘Twin Peaks’ model that prevails in other market-based economies. With recommendations that are highly applicable to many countries, the book examines a broad range of issues that are of current concern to the banking community worldwide. Among these issues are the following: – the architecture of financial regulation; – nationalization and privatization of banks; – conflicts of interest in the banking system resulting from universal banking; – problems of concentration and lack of competitiveness in the banking system; – the growing power of institutional investors and their entry into traditional banking activities; – mechanisms for recovery and resolution in the event of a bank failure; – new models of banking regulation, such as self-regulation and contractual regulation; and – bank consumer protection, complaint handling and redress. Even though the book focuses on Israeli banking regulation, its detailed attention to the development of a suitable supervisory model is of immeasurable international value for regulators, lawyers, bankers, academics, and business people who are in any way connected to the banking world; particularly following the 2008 crisis and its devastating effects. It is sure to be of service as many jurisdictions continue to search for optimal tools designed to prevent another such crisis.

Author : International Monetary Fund. Legal Dept.
Publisher : International Monetary Fund
Page : 312 pages
File Size : 46,8 Mb
Release : 2020-01-21
Category : Business & Economics
ISBN : 9781513523002

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Law & Financial Stability by International Monetary Fund. Legal Dept. Pdf

This volume comprises a selection of papers prepared in connection with a high-level seminar on Law and Financial Stability held at the IMF in 2016. It examines, from a legal perspective, the progress made in implementing the financial regulatory reforms adopted since the global financial crisis and highlights the role of the IMF in advancing these reforms and charting the course for a future reform agenda, including the development of a coherent international policy framework for resolution and resolution planning. The book’s unique perspective on the role of the law in promoting financial stability comes from the contribution of selected experts and representatives from our membership who share their views on this subject.

Author : Ardeshir Atai
Publisher : BRILL
Page : 118 pages
File Size : 47,9 Mb
Release : 2021-07-15
Category : Law
ISBN : 9789004390560

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Reform of Banking Laws and Regulations in Iran by Ardeshir Atai Pdf

Since the 1979 Islamic Revolution, Iran has implemented Sharia-compliant banking and finance which makes it one of the few countries that has adopted Islamic banking. The post-war liberalization and privatization of the economy and subsequent deregulation had paved the ground for emergence of private banks and financial institutions which had been subject to strict government control and ownership of banks. Further reform of the banking sector included authorization for the establishment and operations of foreign-owned banks in Iran and ratification of international treaties for the reciprocal protection and promotion of capital investments. The most recent government reform plan concerning adoption of a comprehensive banking law aims to create a single regulator for the prudential regulation and supervision of banks and financial institutions. The implementation of the aforesaid banking reform will be instrumental for achieving a sound and safe banking system and restoring investor confidence in the Iranian banking and money markets.

Author : Folashade Adeyemo
Publisher : Routledge
Page : 148 pages
File Size : 46,5 Mb
Release : 2021-12-28
Category : Law
ISBN : 9781000517071

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Banking Regulation in Africa by Folashade Adeyemo Pdf

There is little literature on the development of banking regulation in Nigeria, or the scope of powers of the Central Bank of Nigeria, which is its core banking sector regulator. The critical impetus of this book is to contribute to the literature of this area, with a detailed exploration of the Nigerian regulatory architecture. In addition, the book also engages in a comparative analysis with two emerging economies in Africa: South Africa and Kenya. It also considers the UK and the US as comparator jurisdictions in light of their regulatory responses to the global financial crisis of 2008. This book contributes to the ongoing discourse in this area by exploring, in detail, the theoretical underpinnings of regulation and supervision, to determine whether there is an understanding of what constitutes effective regulation in these jurisdictions. Given that Nigeria is the core jurisdictional focus, a historical account of banking exchanges from the pre-colonial era to more recent times is provided. Offering an understanding of how political, local and economic settings, in conjunction with the theories of regulation, have impacted and influenced regulatory development in Nigeria, the book engages in an examination of Nigeria’s historical experiences with bank failures, including the banking crisis it experienced in 2008. The newly enacted Banks and Other Financial Institutions Act 2020 is also explored as part of this discourse. Through a critical analysis of the law, the book demonstrates that the Nigerian regulator has historically adopted a reactionary strategy, instead of a proactive and pragmatic approach, which is imperative for an effective regulatory regime. The outcome of this analysis is that there are lessons to be learned, and proposals are discussed in order to rethink the act of banking regulation.

Author : Muhammad Asadullah Bilal
Publisher : GRIN Verlag
Page : 62 pages
File Size : 48,7 Mb
Release : 2020-01-13
Category : Business & Economics
ISBN : 9783346095626

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Risk Management. A comparative study of regulations and practices in one conventional and one Islamic bank in Pakistan by Muhammad Asadullah Bilal Pdf

Master's Thesis from the year 2018 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: B, , language: English, abstract: The purpose of this research study is to figure out the differences in rules/regulations and practices regarding risk management in Islamic and conventional banks in Pakistan. Keeping in view the research questions, the nature of this research is a qualitative case study. The findings of the study reveal that there exists a substantial difference between Islamic and conventional banks in risk management practices, risk identification, liquidity risk analysis and risk governance. Islamic bank is performing competently in liquidity risk analysis, whereas, conventional bank is competent in risk management practice, risk identification, and risk governance. The risk management, risk monitoring and reporting, and liquidity risk analysis are weak in Islamic banks. Whereas, risk analysis and assessment are weak in conventional banks. Due to lack of risk management training and limited knowledge of risk management practices, understanding of risk management practices is weak in Islamic bank. The study also reveals that in terms of rules and regulations, there is no proper institutionalisation of Islamic institutions regarding risk management as compared to conventional banking where the risk management practices are institutionalised by Basel Committee on Banking Supervision.

Author : Joanna Gray,Orkun Akseli
Publisher : Edward Elgar Publishing
Page : 129 pages
File Size : 49,6 Mb
Release : 2011
Category : Business & Economics
ISBN : 9780857933102

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Financial Regulation in Crisis? by Joanna Gray,Orkun Akseli Pdf

The depositor run on the Northern Rock bank in September 2007, which led to the bank's subsequent nationalization was the first run on a UK bank for nearly 150 years and was a seminal moment in the unfolding global financial crisis. This book provides a detailed legal analysis of the role played by financial law and regulation during this event, and the impact the episode made on the law. The contributors to the book explore and elaborate upon the legal technique of securitization, and how Northern Rock itself created and employed securitized financial assets. There is also in-depth discussion and analysis of the origin of the problems experienced in the wholesale interbank markets surrounding the Northern Rock crisis. Chapters focus on risk-based financial regulation, depositor protection, and bank rescue and resolution mechanisms in the UK before and after the Northern Rock crisis. State aid implications of the nationalization of Northern Rock, and the future of financial regulation are also considered. This timely new book will appeal to academics, postgraduate and undergraduate students in law and business schools as well as practitioners, regulators and lawmakers.

Author : Muhammad Hassan Idrees
Publisher : Taylor & Francis
Page : 122 pages
File Size : 43,8 Mb
Release : 2024-04-04
Category : Law
ISBN : 9781040034798

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Banking Law and Financial Regulation in Pakistan by Muhammad Hassan Idrees Pdf

This book offers an analysis of the contemporary significance of the practice of Lender of Last Resort (LOLR) in Pakistan. Aiming to identify deficiencies in current financial system legislation, the book details the role of LOLR and its essential presence in establishing a resilient banking and financial system. Beginning with an assessment of the emergence of Central Banks as domestic financial regulators, the book draws from the principles of Walter Bagehot and Henry Thornton for LOLR rescue operations. Examining the International Monetary Fund’s (IMF) role as an international lender of last resort and scrutinising its rescue efforts, the book uses case studies of the Central Banks in the United Kingdom and the United States to suggest reforms for Pakistan’s system. It explores the causes of financial crises and evaluates the factors that have made LOLR an integral part of Central Banks’ responsibilities. It compares LOLR operations in the cases of AIG and Lehman Brothers in the United States and Northern Rock in the United Kingdom, comparing these two cases in Pakistan to pinpoint key gaps in the State Bank of Pakistan’s LOLR operations. Furthermore, it discusses the Basel Accord I, II, and III: the key international regulations for the banking sector. The book will be of interest to scholars and students in the field of financial and banking law.

Author : Pakistan,Muhammad Zafarullah Khan
Publisher : Unknown
Page : 196 pages
File Size : 44,5 Mb
Release : 1977
Category : Banking law
ISBN : LCCN:78930002

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The Banking Laws by Pakistan,Muhammad Zafarullah Khan Pdf

Author : Iris H-Y Chiu,Michael McKee
Publisher : Edward Elgar Publishing
Page : 381 pages
File Size : 47,9 Mb
Release : 2015-02-27
Category : Law
ISBN : 9781782548867

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The Law on Corporate Governance in Banks by Iris H-Y Chiu,Michael McKee Pdf

Corporate governance in financial institutions has come under the spotlight since the banking crisis in the UK in 2008-9. In many respects, the banking business raises unique problems for corporate governance that are not found in other corporate secto

Author : Kern Alexander
Publisher : Cambridge University Press
Page : 497 pages
File Size : 48,6 Mb
Release : 2019-06-06
Category : Business & Economics
ISBN : 9781108427265

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Principles of Banking Regulation by Kern Alexander Pdf

Analyses banking regulation and recent international developments, including Basel IV, bank resolution and Brexit, and their impact on bank governance.

Author : Emily Jones
Publisher : Oxford University Press
Page : 400 pages
File Size : 55,5 Mb
Release : 2020-03-12
Category : Political Science
ISBN : 9780192579232

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The Political Economy of Bank Regulation in Developing Countries: Risk and Reputation by Emily Jones Pdf

This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. International banking standards are intended for the regulation of large, complex, risk-taking international banks with trillions of dollars in assets and operations across the globe. Yet they are being implemented in countries with nascent financial markets and small banks that have yet to venture into international markets. Why is this? The Political Economy of Bank Regulation in Developing Countries: Risk and Reputation explores the politics of banking regulation in eleven countries across Africa, Asia, and Latin America. It shows how financial globalization generates strong reputational and competitive incentives for developing countries to converge on international standards. Politicians, regulators, and large banks in developing countries implement international standards to attract international investment, bolster their professional standing, and further integrate their countries into global finance. Convergence is not inevitable or uniform: implementation is often contested and regulators adapt international standards to the local context. This book contributes to our understanding of the ways in which governments and firms in the core of global finance powerfully shape regulatory decisions in the periphery, and the ways that governments and firms from peripheral developing countries manoeuvre within the constraints and opportunities created by financial globalization.

Author : Dennis Leon Campbell
Publisher : Unknown
Page : 128 pages
File Size : 48,8 Mb
Release : 2017
Category : Electronic
ISBN : OCLC:1007825299

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International Banking Law & Regulation by Dennis Leon Campbell Pdf

Author : Iibf
Publisher : Macmillan
Page : 218 pages
File Size : 55,7 Mb
Release : 2007-02
Category : Electronic
ISBN : 0230632564

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International Banking Legal & Regulatory Aspects by Iibf Pdf

This book is a part of the courseware for Diploma in International Banking and Finance offered by Indian Institute of Banking & Finance. Liberalisation of overseas investment norms for Indian corporates has brought with it business opportunities for India