Bank Regulation And The Network Paradigm
DOWNLOAD
Download Bank Regulation And The Network Paradigm PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Bank Regulation And The Network Paradigm book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
Bank Regulation And The Network Paradigm
DOWNLOAD
Author : Patrick Honohan
language : en
Publisher: World Bank Publications
Release Date : 1996
Bank Regulation And The Network Paradigm written by Patrick Honohan and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with Banking law categories.
Bank Regulation And The Network Paradigm Policy Implications For Developing And Transition Economies
DOWNLOAD
Author : Patrick Honohan
language : en
Publisher:
Release Date : 1999
Bank Regulation And The Network Paradigm Policy Implications For Developing And Transition Economies written by Patrick Honohan and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with categories.
August 1996 The blurring of boundaries between banking and the rest of the financial network has placed an upper bound on the effectiveness of banking regulation and supervision. Network externalities call for corrective action, but the redundancy and complexity of networks make successful interventions hard to design. So, a degree of modesty is appropriate in designing banking policy. Current issues in banking policy range from the need to construct basic institutions and incentive structures in transition economies -- to the challenges posed by the increasingly complex interactions involved in contemporary banking. Honohan and Vittas outline the basic regulatory framework needed to reduce bank failures. Without measures that ensure risk diversification and adequate capital reserves, for example, you get bank failures, as recent experience shows. Dissatisfaction with the diminishing effectiveness of postwar banking regulation led to substantial deregulation. Before adjusting to deregulation, bankers seemed vulnerable to a contagious euphoria, often manifested in overlending to property developers. Given the historic recurrence of carbon-copy banking failures, clearly private learning will not end all bank failure. And the disappointing performance of both regulated and unregulated financial sectors leaves a vacuum that theoreticians have been trying to fill. Theoreticians note that banking increasingly displays network characteristics that, on the one hand, may call for corrective action but that, on the other, make policy intervention ineffective or counterproductive. For one thing, networks are susceptible to externalities, redundancy (ensuring that flows cannot be obstructed by blocking just one path), and a tendency to adapt to disturbances in a complex manner. Regulation is justified, but the complexity of the network makes successful interventions hard to design. Supervision has a role, and Honohan and Vittas outline the basic regulatory measures needed. But the blurring of boundaries between banking and the rest of the financial network has placed an upper bound on the effectiveness of supervision. So, a degree of modesty is appropriate in designing banking policy. We have to put up with bank failures (mitigated by deposit insurance to protect small savers) but, they argue, partly because of network redundancy, the social cost of bank failure is not as high as is sometimes thought. This paper -- a product of the Financial Sector Development Department -- was an invited paper for the World Congress of the International Economic Association, held in Tunis, December 1995.
Bank Regulation And The Network Paradigm
DOWNLOAD
Author : Patrick Honohan
language : en
Publisher:
Release Date : 2016
Bank Regulation And The Network Paradigm written by Patrick Honohan and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.
Current issues in banking policy range from the need to construct basic institutions and incentive structures in transition economies, to the challenges posed by the increasingly complex interactions involved in contemporary banking. The authors of this report outline the basic regulatory framework needed to reduce bank failures, as shown by recent experience. Theoreticians note that banking increasingly displays network characteristics that may call for corrective action but make policy intervention ineffective or counterproductive. Networks are susceptible to externalities, redundancy, (ensuring that flows cannot be obstructed by blocking just one path), and a tendency to adapt to disturbances in a complex manner. Regulation is justified, but the complexity of the network makes successful interventions hard to design. Supervision has a role, and the authors outline the basic regulatory measures needed, but the blurring of boundaries between banking and the rest of the financial network has placed an upper bound on the effectiveness of supervision. The authors conclude that although bank failures--mitigated by deposit insurance to protect small savers--must be put up with in designing banking policy, the social cost of bank failure is not as high as is sometimes thought.
Regulation Of European Banks And Business Models
DOWNLOAD
Author : Rym Ayadi
language : en
Publisher:
Release Date : 2012
Regulation Of European Banks And Business Models written by Rym Ayadi and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with Business & Economics categories.
Amidst talk of establishing an EU-wide banking union, the recent changes in the regulatory framework and the rethinking of the future of European banking structure, the future of EU bank regulation is inextricably linked to banks' business models. Using a sample of over 70 banks, which overlaps with those subjected to the European Banking Authorities' 2011 stress tests, this report emphasizes the key regulatory gaps that emerge from a comprehensive analysis of the soundness and performance of bank business models. This analysis provides policy-makers with guidance to reinforce the evolving regulatory framework in European banking.
Technology In Financial Markets
DOWNLOAD
Author : Marco Dell'Erba
language : en
Publisher: Oxford University Press
Release Date : 2024-01-16
Technology In Financial Markets written by Marco Dell'Erba and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-01-16 with Law categories.
In recent years, technology has emerged as a disruptive force in the economy and finance, leading to the establishment of new economic and financial paradigms. Focusing on blockchain technology and its implementations in finance, Technology in Financial Markets proposes a novel theoretical approach to disruption. Relying on complexity science, it develops a dynamic perspective on the study of disruptive phenomena and their relationship to financial regulation and the law. It identifies the intrinsic interconnections characterizing the "multidimensional" technology-driven transformations, involving commercial practices, capital markets, corporate-governance, central banking, and financial networks. From this perspective, it considers the way they are reflected at the level of contract law, financial law, corporate law, central banking law. The book adopts a unique comparative approach and explains and clarifies the factual and historical dimensions underlying the emergence of the crypto-economy. In this book blockchain is used as a case study. Blockchain exemplifies the way each subpart of the financial system - commercial practices, financial markets, corporations, central banking, networks - and consequently each subcategory of financial regulation evolves on an individual basis. It shows how such subparts evolve altogether bringing systemic transformations, and ultimately leading to the creation of new economic and financial paradigms. The book considers both these perspectives, analysing the evolution of each subpart and emphasizing the interconnected transformations. In doing this, it adopts the structure of an ascending climax, starting from contracts, and escalating to increasingly broad dimensions, in particular capital markets, corporate governance, central banking, and financial networks.
1912
DOWNLOAD
Author : Ю. С. Аксенов
language : en
Publisher:
Release Date : 1960
1912 written by Ю. С. Аксенов and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1960 with categories.
Global Bank Regulation
DOWNLOAD
Author : Heidi Mandanis Schooner
language : en
Publisher: Academic Press
Release Date : 2009-11-24
Global Bank Regulation written by Heidi Mandanis Schooner and has been published by Academic Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-11-24 with Business & Economics categories.
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
Basel Norms
DOWNLOAD
Author : Sujoy Dhar
language : en
Publisher:
Release Date : 2013
Basel Norms written by Sujoy Dhar and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with categories.
Unlike most other businesses, the failure of banks, especially very large ones, can have far-reaching implications. It was experienced during the Great Depression and, most recently, during the global financial crisis and the ensuing recession. The health of the bank system (or lack thereof) can trigger economic calamities affecting millions of people. Consequently, it is imperative that banks operate in a safe and sound manner to avoid failure. One way to ensure this is for governments to provide diligent regulation of banks. With the advent of globalization, banking activities are no longer confined to the borders of any individual country. With cross-border banking activities rapidly increasing, the need for international cooperation in bank regulation has likewise increased.
The Handbook Of Banking Technology
DOWNLOAD
Author : Tim Walker
language : en
Publisher: John Wiley & Sons
Release Date : 2021-02-22
The Handbook Of Banking Technology written by Tim Walker and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-02-22 with Business & Economics categories.
Competitive advantage in banking comes from effective use of technology The Handbook of Banking Technology provides a blueprint for the future of banking, with deep insight into the technologies at the heart of the industry. The rapid evolution of IT brings continual change and demand for investment — yet keeping pace with these changes has become an essential part of doing business. This book describes how banks can harness the power of current and upcoming technology to add business value and gain a competitive advantage; you'll learn how banks are using technology to drive business today, and which emerging trends are likely to drive the evolution of banking over the next decade. Regulation is playing an ever increasing role in banking and the impact of regulatory change on technology and the management of it are discussed — while mandatory changes put pressure on many of our high street banking brands, their ability to adapt and utilise technology will have a fundamental impact on their success in the rapidly changing marketplace. Technology costs can amount to 15 per cent or more of operational costs and bank leaders need to be able to make informed decisions about technology investments in light of the potential benefits. This book explores the depth and breadth of banking technology to help decision makers stay up to date and drive better business. Assess your current technology against the new banking paradigms Procure the systems needed to protect the bottom line Implement newer technology more efficiently and effectively Ensure compliance and drive value with appropriate technology management Technological change is driven by mass adoption of new channels, innovation from new entrants, and by banks themselves as a means of increasing revenue and reducing costs. The Handbook of Banking Technology offers a comprehensive look at the role of technology in banking, and the impact it will have in the coming years.
A Paradigm Shift In Global Banking Regulation And Supervision
DOWNLOAD
Author : Sujoy Dhar
language : en
Publisher:
Release Date : 2013
A Paradigm Shift In Global Banking Regulation And Supervision written by Sujoy Dhar and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with categories.
The Basel Committee on Bank Supervision (BCBS) assumed the role as the international advisory authority on bank regulation; the BCBS has promulgated guidance on issues critical to ensuring health in the banking systems across the world. The Basel Accords have caused disagreement at times, but they are nevertheless important to the formulation of regulatory policy relating to bank capital. In all, the BCBS has produced three such accords. Basel III, published in 2010, is the most recent Accord. Each Accord has purported to improve upon the previous one, but early indications suggest that Basel III is not flawless and so it will likely not be the last Accord. (Larson; 2011) Folres et al (2006) in his paper analyses the capacity of response of the banking sector's information systems (IS), in the light of the new requirements of Basel II (Basel Bank for International Settlements) on the measurement and control of operational risk (OR).
