Creating a Safer Financial System: Will the Volcker, Vickers, and Liikanen Structural Measures Help?

Business & Finance, Economics, Money & Monetary Policy, Macroeconomics
Cover of the book Creating a Safer Financial System: Will the Volcker, Vickers, and Liikanen Structural Measures Help? by José Vinãls, Ceyla Pazarbasioglu, Jay Surti, Aditya Narain, Michaela Mrs. Erbenova, Julian Mr. Chow, INTERNATIONAL MONETARY FUND
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: José Vinãls, Ceyla Pazarbasioglu, Jay Surti, Aditya Narain, Michaela Mrs. Erbenova, Julian Mr. Chow ISBN: 9781484319765
Publisher: INTERNATIONAL MONETARY FUND Publication: May 14, 2013
Imprint: INTERNATIONAL MONETARY FUND Language: English
Author: José Vinãls, Ceyla Pazarbasioglu, Jay Surti, Aditya Narain, Michaela Mrs. Erbenova, Julian Mr. Chow
ISBN: 9781484319765
Publisher: INTERNATIONAL MONETARY FUND
Publication: May 14, 2013
Imprint: INTERNATIONAL MONETARY FUND
Language: English

The U.S., the U.K., and more recently, the E.U., have proposed policy measures directly targeting complexity and business structures of banks. Unlike other, price-based reforms (e.g., Basel 3 and G-SIFI surcharges), these proposals have been developed unilaterally with material differences in scope, design and implementation schedules. This may exacerbate cross-border regulatory arbitrage and put a further burden on consolidated supervision and cross-border resolution. This paper provides an analysis of the potential implications of implementing different structural policy measures. It proposes a pragmatic and coordinated approach to development of these policies to reduce risk of regulatory arbitrage and minimize unintended consequences. In doing so, it also aims to identify a set of common policy measures that countries could adopt to re-scope bank business models and corporate structures.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

The U.S., the U.K., and more recently, the E.U., have proposed policy measures directly targeting complexity and business structures of banks. Unlike other, price-based reforms (e.g., Basel 3 and G-SIFI surcharges), these proposals have been developed unilaterally with material differences in scope, design and implementation schedules. This may exacerbate cross-border regulatory arbitrage and put a further burden on consolidated supervision and cross-border resolution. This paper provides an analysis of the potential implications of implementing different structural policy measures. It proposes a pragmatic and coordinated approach to development of these policies to reduce risk of regulatory arbitrage and minimize unintended consequences. In doing so, it also aims to identify a set of common policy measures that countries could adopt to re-scope bank business models and corporate structures.

More books from INTERNATIONAL MONETARY FUND

Cover of the book International Comparisons of Government Expenditure Revisited: The Developing Countries 1975-86 - Occa Paper No.69 by José Vinãls, Ceyla Pazarbasioglu, Jay Surti, Aditya Narain, Michaela Mrs. Erbenova, Julian Mr. Chow
Cover of the book The Role of National Saving in the World Economy: Recent Trends and Prospects - Occa Paper No.67 by José Vinãls, Ceyla Pazarbasioglu, Jay Surti, Aditya Narain, Michaela Mrs. Erbenova, Julian Mr. Chow
Cover of the book World Economic Outlook, October 2016 by José Vinãls, Ceyla Pazarbasioglu, Jay Surti, Aditya Narain, Michaela Mrs. Erbenova, Julian Mr. Chow
Cover of the book Finance & Development, September 2003 by José Vinãls, Ceyla Pazarbasioglu, Jay Surti, Aditya Narain, Michaela Mrs. Erbenova, Julian Mr. Chow
Cover of the book Economic Transition and Social Protection-Issues and Agenda for Reform by José Vinãls, Ceyla Pazarbasioglu, Jay Surti, Aditya Narain, Michaela Mrs. Erbenova, Julian Mr. Chow
Cover of the book World Economic Outlook, April 2014: Recovery Strengthens, Remains Uneven by José Vinãls, Ceyla Pazarbasioglu, Jay Surti, Aditya Narain, Michaela Mrs. Erbenova, Julian Mr. Chow
Cover of the book Central Bank Reforms in the Baltics, Russia, and the Other Countries of the Former Soviet Union by José Vinãls, Ceyla Pazarbasioglu, Jay Surti, Aditya Narain, Michaela Mrs. Erbenova, Julian Mr. Chow
Cover of the book A Fiscal Indicator for Assessing First and Second Pillar Pension Reforms by José Vinãls, Ceyla Pazarbasioglu, Jay Surti, Aditya Narain, Michaela Mrs. Erbenova, Julian Mr. Chow
Cover of the book Africa - Is This the Turning Point? by José Vinãls, Ceyla Pazarbasioglu, Jay Surti, Aditya Narain, Michaela Mrs. Erbenova, Julian Mr. Chow
Cover of the book Legal and institutional Aspects of the international Monetary System - 2 Volume Set by José Vinãls, Ceyla Pazarbasioglu, Jay Surti, Aditya Narain, Michaela Mrs. Erbenova, Julian Mr. Chow
Cover of the book The Russian Federation in Transition: External Developments by José Vinãls, Ceyla Pazarbasioglu, Jay Surti, Aditya Narain, Michaela Mrs. Erbenova, Julian Mr. Chow
Cover of the book Risk Transfer and the Insurance Industry by José Vinãls, Ceyla Pazarbasioglu, Jay Surti, Aditya Narain, Michaela Mrs. Erbenova, Julian Mr. Chow
Cover of the book India Goes Global: Its Expanding Role in the Global Economy by José Vinãls, Ceyla Pazarbasioglu, Jay Surti, Aditya Narain, Michaela Mrs. Erbenova, Julian Mr. Chow
Cover of the book Ghana: Adjustment and Growth, 1983-91 by José Vinãls, Ceyla Pazarbasioglu, Jay Surti, Aditya Narain, Michaela Mrs. Erbenova, Julian Mr. Chow
Cover of the book Sub-Saharan Africa: Forging New Trade Links with Asia by José Vinãls, Ceyla Pazarbasioglu, Jay Surti, Aditya Narain, Michaela Mrs. Erbenova, Julian Mr. Chow
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy