The Development And Regulation Of Non Bank Financial Institutions

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The Development and Regulation of Non-bank Financial Institutions

Author : Jeffrey Carmichael,Michael Pomerleano
Publisher : World Bank Publications
Page : 252 pages
File Size : 55,9 Mb
Release : 2002-01-01
Category : Business & Economics
ISBN : 0821348396

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The Development and Regulation of Non-bank Financial Institutions by Jeffrey Carmichael,Michael Pomerleano Pdf

This book aims to create an awareness of the potential of non-bank financial institutions (NBFIs) for developing countries, and to assist policy makers in the creation of coherent policy structures and effective regulatory systems for the development of these institutions. It considers the essential functions and characteristics of non-bank financial institutions and includes chapters on insurance companies, mutual funds and pension schemes, securities markets, and leasing and real estate companies.

The Regulation of Non-bank Financial Institutions

Author : Anjali Kumar,Terry M. Chuppe,Paula Perttunen
Publisher : World Bank Publications
Page : 88 pages
File Size : 45,5 Mb
Release : 1997
Category : Law
ISBN : 0821339400

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The Regulation of Non-bank Financial Institutions by Anjali Kumar,Terry M. Chuppe,Paula Perttunen Pdf

World Bank Discussion Paper No. 362. There has been tremendous growth worldwide in the mobilization of financial resources outside traditional banking systems. Channeled mainly through capital markets, such rapid financial diversification is posing new challenges for regulators in many emerging markets. This document describes the various aspects and implications of this growth, reviews the regulatory framework adopted in some mature market economies, including the United States and the European Union, and discusses regulatory issues in emerging markets.

Non-bank Financial Institutions and Capital Markets in Turkey

Author : Lalit Raina,Marie-Renée Bakker
Publisher : World Bank Publications
Page : 164 pages
File Size : 40,8 Mb
Release : 2003-01-01
Category : Business & Economics
ISBN : 0821355279

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Non-bank Financial Institutions and Capital Markets in Turkey by Lalit Raina,Marie-Renée Bakker Pdf

Currently, Turkey's financial services industry is in an early stage of development with credit markets dominated by banking and capital markets dominated by Government securities. Longstanding macro-economic instability and inflation have discouraged investment in financial assets and crowded out funding for the private sector. The resulting lack of depth and breadth has made the financial sector in Turkey vulnerable to shocks resulting in repeated crises, and has diminished its intermediation efficiency. This study analyzes the state of development and prospects for future growth of Turkish non-bank financial institutions and capital markets. It identifies the key policy issues that should be addressed in order to develop non-bank financial institutions in Turkey. Some of the themes included in the discussion and policy recommendations are: mobilizing savings; building an institutional investor base comprising insurance companies, private pension funds, and mutual funds; developing equity markets, debt markets, and derivative markets; developing leasing, factoring and venture capital companies; and strengthening confidence in financial markets through improved corporate governance.

Global Bank Regulation

Author : Heidi Mandanis Schooner,Michael W. Taylor
Publisher : Academic Press
Page : 352 pages
File Size : 54,8 Mb
Release : 2009-11-24
Category : Law
ISBN : 0080925804

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Global Bank Regulation by Heidi Mandanis Schooner,Michael W. Taylor Pdf

Global Bank Regulation: Principles and Policies covers the global regulation of financial institutions. It integrates theories, history, and policy debates, thereby providing a strategic approach to understanding global policy principles and banking. The book features definitions of the policy principles of capital regularization, the main justifications for prudent regulation of banks, the characteristics of tools used regulate firms that operate across all time zones, and a discussion regarding the 2007-2009 financial crises and the generation of international standards of financial institution regulation. The first four chapters of the book offer justification for the strict regulation of banks and discuss the importance of financial safety. The next chapters describe in greater detail the main policy networks and standard setting bodies responsible for policy development. They also provide information about bank licensing requirements, leading jurisdictions, and bank ownership and affiliations. The last three chapters of the book present a thorough examination of bank capital regulation, which is one of the most important areas in international banking. The text aims to provide information to all economics students, as well as non-experts and experts interested in the history, policy development, and theory of international banking regulation. Defines the over-arching policy principles of capital regulation Explores main justifications for the prudent regulation of banks Discusses the 2007-2009 financial crisis and the next generation of international standards of financial institution regulation Examines tools for ensuring the adequate supervision of a firm that operates across all time zones

Current Challenges in Financial Regulation

Author : Stijn Claessens
Publisher : World Bank Publications
Page : 48 pages
File Size : 46,8 Mb
Release : 2006
Category : Bank
ISBN : 8210379456XXX

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Current Challenges in Financial Regulation by Stijn Claessens Pdf

Financial intermediation and financial services industries have undergone many changes in the past two decades due to deregulation, globalization, and technological advances. The framework for regulating finance has seen many changes as well, with approaches adapting to new issues arising in specific groups of countries or globally. The objectives of this paper are twofold: to review current international thinking on what regulatory framework is needed to develop a financial sector that is stable, yet efficient, and provides proper access to households and firms; and to review the key experiences regarding international financial architecture initiatives, with a special focus on issues arising for developing countries. The paper outlines a number of areas of current debate: the special role of banks, competition policy, consumer protection, harmonization of rules-across products, within markets, and globally-and the adaptation and legitimacy of international standards to the circumstances facing developing countries. It concludes with some areas where more research would be useful.

Financial Regulation

Author : Dimitri Vittas
Publisher : World Bank Publications
Page : 22 pages
File Size : 40,5 Mb
Release : 1992
Category : Business & Economics
ISBN : 8210379456XXX

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Financial Regulation by Dimitri Vittas Pdf

This study discusses ways of evaluating financial regulations and their effect on macroeconomic, allocative, protective, and other financial systems. It is a handy guidebook to regulatory changes faced by banking and nonbanking markets alike.

Finance in Asia

Author : Qiao Liu,Paul Lejot,Douglas W. Arner
Publisher : Routledge
Page : 634 pages
File Size : 45,6 Mb
Release : 2013
Category : Business & Economics
ISBN : 9780415423205

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Finance in Asia by Qiao Liu,Paul Lejot,Douglas W. Arner Pdf

Asia's demand for second-generation financial institutions and markets needs to be met in order for the region's further development to be sustained. This book provides a compelling, fact-based assessment of current practices and regulations in Asia's financial institutions and markets and carefully documents the exciting opportunities and challenges that lie ahead in the region's financial systems. This book differs in design from typical treatments of financial institutions and markets because its focus is on Asia rather than using the US model (in terms of market configurations or products) as a benchmark, and its takes a contemporary and forward-looking view of financial markets. Examples of practice from Asia are used to illustrate major accepted themes in finance and financial regulation. To the extent that Asia's main economies share characteristics that are distinct, for example, in the relationship between government and the banking sector, or in aspects of corporate governance, the book will discuss the consequences for market operation and intermediation. The book's carefully structured facts and rigorously argued analysis carry important implications both for students in business and law and for professionals new to financial markets in Asia. It will change the way that Asian financial markets and institutions is taught in universities as well as provide a valuable resource for professionals working in finance in Asia.

Regulation of Bank Financial Service Activities

Author : Lissa Lamkin Broome,Jerry W. Markham
Publisher : West Academic Publishing
Page : 1176 pages
File Size : 53,8 Mb
Release : 2004
Category : Banking law
ISBN : STANFORD:36105063634864

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Regulation of Bank Financial Service Activities by Lissa Lamkin Broome,Jerry W. Markham Pdf

Provides a comprehensive overview of nearly every aspect of banking regulation from its history, to federal and state regulation, to international regulatory issues. Contains individual chapters on the securities, derivatives and insurance activities of banks and their "functional" regulation by non-banking regulators under the Gramm-Leach-Bliley Act (GLBA). Also reviews thrift regulation and its evolution under FIRREA and FDICIA, and contains a chapter on bank commercial lending activity.

Rethinking Bank Regulation

Author : James R. Barth,Gerard Caprio,Ross Levine
Publisher : Unknown
Page : 428 pages
File Size : 55,8 Mb
Release : 2006
Category : Business & Economics
ISBN : 0521855764

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Rethinking Bank Regulation by James R. Barth,Gerard Caprio,Ross Levine Pdf

This volume presents a new database on bank regulation in over 150 countries. It offers a comprehensive cross-country assessment of the impact of bank regulation on the operation of banks and assesses the validity of the Basel Committee's influential approach to bank regulation.

An Overview of the Legal, Institutional, and Regulatory Framework for Bank Insolvency

Author : International Monetary Fund. Monetary and Capital Markets Department,International Monetary Fund,World Bank
Publisher : International Monetary Fund
Page : 77 pages
File Size : 49,9 Mb
Release : 2009-04-17
Category : Business & Economics
ISBN : 9781498336055

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An Overview of the Legal, Institutional, and Regulatory Framework for Bank Insolvency by International Monetary Fund. Monetary and Capital Markets Department,International Monetary Fund,World Bank Pdf

This study provides an overview of the legal, institutional, and regulatory framework that countries should put in place to address cases of bank insolvency. It is primarily intended to inform the work of the staffs of the International Monetary Fund (IMF) and World Bank, and to provide guidance to their member countries.

The Fundamental Principles of Financial Regulation

Author : Charles Albert Eric Goodhart,Avinash Persaud,Andrew Crockett,International Center for Monetary and Banking Studies,Hyun Shin
Publisher : Geneva Reports on the World Ec
Page : 144 pages
File Size : 54,9 Mb
Release : 2009
Category : Business & Economics
ISBN : UCSD:31822037473311

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The Fundamental Principles of Financial Regulation by Charles Albert Eric Goodhart,Avinash Persaud,Andrew Crockett,International Center for Monetary and Banking Studies,Hyun Shin Pdf

Analytical background -- Nature of systemic risk -- Who should be regulated (by whom) -- Counter-cyclical regulation -- Regulation of liquidity and maturity mismatches -- Other regulatory issues -- The structure of regulation -- Conclusions -- Appendix : the boundary problem in financial regulation -- Discussion and roundtables.

Financial Market Regulation and Reforms in Emerging Markets

Author : Masahiro Kawai,Eswar Prasad
Publisher : Brookings Institution Press
Page : 441 pages
File Size : 47,9 Mb
Release : 2011
Category : Business & Economics
ISBN : 9780815704898

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Financial Market Regulation and Reforms in Emerging Markets by Masahiro Kawai,Eswar Prasad Pdf

"In the wake of the global financial crisis that began in 2008, offers a systematic overview of recent developments in regulatory frameworks in advanced and emerging-market countries, outlining challenges to improving regulation, markets, and access in developing economies"--Provided by publisher.

Bank Capital

Author : Ouarda Merrouche,Ms.Enrica Detragiache,Asli Demirgüç-Kunt
Publisher : International Monetary Fund
Page : 37 pages
File Size : 48,6 Mb
Release : 2010-12-01
Category : Business & Economics
ISBN : 9781455210930

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Bank Capital by Ouarda Merrouche,Ms.Enrica Detragiache,Asli Demirgüç-Kunt Pdf

Using a multi-country panel of banks, we study whether better capitalized banks experienced higher stock returns during the financial crisis. We differentiate among various types of capital ratios: the Basel risk-adjusted ratio; the leverage ratio; the Tier I and Tier II ratios; and the tangible equity ratio. We find several results: (i) before the crisis, differences in capital did not have much impact on stock returns; (ii) during the crisis, a stronger capital position was associated with better stock market performance, most markedly for larger banks; (iii) the relationship between stock returns and capital is stronger when capital is measured by the leverage ratio rather than the risk-adjusted capital ratio; (iv) higher quality forms of capital, such as Tier 1 capital and tangible common equity, were more relevant.

Estimating the Costs of Financial Regulation

Author : Mr.Andre Santos,Douglas Elliott
Publisher : International Monetary Fund
Page : 43 pages
File Size : 50,6 Mb
Release : 2012-09-11
Category : Business & Economics
ISBN : 9781475510089

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Estimating the Costs of Financial Regulation by Mr.Andre Santos,Douglas Elliott Pdf

Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief and written in nontechnical language, and so are aimed at a broad audience interested in economic policy issues. This Web-only series replaced Staff Position Notes in January 2011.