Effectiveness of Prudential Regulations for Banks - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Effectiveness of Prudential Regulations for Banks write by Ashish Srivastava. This book was released on 2021-05-30. Effectiveness of Prudential Regulations for Banks available in PDF, EPUB and Kindle. Banking regulations aim to strengthen financial stability and promote policies that foster safety, consistency, reliability, fairness, and inclusion in the financial products and services offered by banks. The context of discussions in this book, spread over five carefully selected chapters, is the Indian financial system with a global perspective. It highlights the need for continual improvement in the effectiveness of regulatory and supervisory processes to achieve stability, transparency, and robustness in financial institutions and financial markets. The effectiveness of prudential regulations depends upon the institutional credibility, deterrents, and enforcement mechanism. Moreover, prudential regulations should maintain pace with the time and changing dynamics of the financial system. Putting in place clear, uncomplicated regulations, and shunning complexity in the regulatory and supervisory processes helps in achieving the intended outcomes. Besides, inadequate internal controls, false assumptions about markets and liquidity, and lack of due diligence processes in financial institutions contribute to their failures and hence, it is a regulatory challenge to incentivize the banks to join the regulators in pursuit of effective risk optimization, and achieving the common good of a stable, fair, and efficient financial system. Liquidity remains a crucial focus of prudential regulations and it is important to understand the behavioural biases such as overconfidence, linear extrapolation, confirmation bias, and group-think, which hamper effective liquidity risk management in regulated institutions. An increasingly expanding toolkit of the perpetrators of financial crimes as a latent malfunction of global integration of financial systems and the advent of digital transactions is another matter of concern for regulators requiring enhanced focus on the gatekeepers. Finally, the financial innovations and technological advancements in the world of alternative finance require an appropriate regulatory structure that facilitates an orderly growth of alternative finance within the traditional financial landscape. This book offers a crisp reading on these key areas and presents a nuanced approach to improve the effectiveness of the prudential regulations.
Financial Stability and Prudential Regulation
Financial Stability and Prudential Regulation - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Financial Stability and Prudential Regulation write by Alison Lui. This book was released on 2016-10-04. Financial Stability and Prudential Regulation available in PDF, EPUB and Kindle. Financial stability is one of the key tenets of a central bank’s functions. Since the financial crisis of 2007-2009, an area of hot debate is the extent to which the central bank should be involved with prudential regulation. This book examines the macro and micro-prudential regulatory frameworks and systems of the United Kingdom, Australia, the United States, Canada and Germany. Drawing on the regulator frameworks of these regions, this book examines the central banks’ roles of crisis management, resolution and prudential regulation. Alison Lui compares the institutional structure of the new ‘twin-peaks’ model in the UK to the Australian model, and the multi-regulatory US model and the single regulatory Canadian model. The book also discusses the extent the central bank in these countries, as well as the ECB, are involved with financial stability, and argues that the institutional architecture and geographical closeness of the Bank of England and Financial Policy Committee give rise to the fear that the UK central bank may become another single super-regulator, which may provide the Bank of England with too much power. As a multi-regional, comparative study on the importance and effectiveness of prudential regulation, this book will be of great use and interest to students and researchers in finance and bank law, economics and banking.
Prudential Supervision
Prudential Supervision - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Prudential Supervision write by Frederic S. Mishkin. This book was released on 2009-02-15. Prudential Supervision available in PDF, EPUB and Kindle. Since banking systems play a crucial role in maintaining the overall health of the economy, the adverse effects of poorly supervised systems may be quite severe. Without some form of vigilant external oversight, banking systems could fall prey to excessive risk taking, moral hazard, and corruption. Prudential supervision provides that oversight, using government regulation and monitoring to ensure the soundness of the banking system and, by extension, the economy at large. The contributors to this thoughtful volume examine the current state of prudential supervision, focusing on fundamental issues and key pragmatic concerns. Why is prudential supervision so important? What kinds of excess must it guard against? What particular forms does it take? Which of these are the most effective deterrents against mismanagement and system overload in today's rapidly shifting financial climate? The contributors foresee a continued movement beyond simple regulatory rules in banking and toward a more active evaluation and supervision of a bank's risk management practices.
Prudential Regulation and Banking Supervision
Prudential Regulation and Banking Supervision - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Prudential Regulation and Banking Supervision write by Vincent P. Polizatto. This book was released on 1990. Prudential Regulation and Banking Supervision available in PDF, EPUB and Kindle. To establish an effective program of banking supervision and prudential regulation, the public policy role of bank supervision must be clearly defined and understood and actions taken along several parallel tracks to strengthen the bank supervisory process, the legal framework, accounting and auditing, and the institutions themselves.
E-Money: Prudential Supervision, Oversight, and User Protection
E-Money: Prudential Supervision, Oversight, and User Protection - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook E-Money: Prudential Supervision, Oversight, and User Protection write by Mr. Marc C Dobler. This book was released on 2021-12-14. E-Money: Prudential Supervision, Oversight, and User Protection available in PDF, EPUB and Kindle. This departmental paper discusses the evolving prudential frameworks for nonbank issuers of electronic money. Some jurisdictions take a relatively light-touch approach to regulating electronic money issuers (EMIs). Others have sought to apply more stringent requirements to protect electronic money (e-money) users, as the sector has grown in importance. The paper aims to build on previous IMF staff contributions to the literature and to draw policy conclusions for strengthening e-money regulatory regimes; in particular in jurisdictions where issuers, individually or collectively, have grown to a size to which they are of macro-financial importance (see below). Chapter 2 provides background on the development of e-money, its economic benefits, and potential risks. Chapter 3 discusses prudential supervision of EMIs, followed in Chapter 4 by their oversight from a payments system perspective. Chapter 5 discusses potential additional measures for user protection and contingency arrangements for EMI failure. The last chapter presents policy recommendations for policymakers, especially in those emerging market economies and developing countries wherein EMIs have reached a scale at which they could have a significant economic impact if they were to fail.
