International survey of integrated financial sector supervision by Jose de Luna-Martinez

Cover of: International survey of integrated financial sector supervision | Jose de Luna-Martinez

Published by World Bank in Washington, D.C .

Written in English

Read online

Subjects:

  • Banks and banking -- State supervision -- Case studies.,
  • Financial institutions -- State supervision -- Case studies.

Edition Notes

Book details

StatementJose de Luna Martinez and Thomas A. Rose.
GenreCase studies.
SeriesPolicy research working paper ;, 3096, Policy research working papers (Online) ;, 3096.
ContributionsRose, Thomas A., World Bank.
Classifications
LC ClassificationsHG3881.5.W57
ID Numbers
Open LibraryOL3285542M
LC Control Number2003616200

Download International survey of integrated financial sector supervision

International Survey of Integrated Financial Sector Supervision Jose de Luna Martinez and Thomas A. Rose Jos6 de Luna Martinez (email: ) and Thomas A. Rose ([email protected]) International survey of integrated financial sector supervision book respectively Senior Financial Economist and.

International survey International survey of integrated financial sector supervision book integrated financial sector supervision (English) Abstract Despite the intense debate on the advantages and disadvantages of adopting integrated supervision that has taken place in recent years, little is known about the experiences of countries that have adopted it and the obstacles and challenges they have Cited by: The survey also identified some practical problems faced by this group of countries in establishing their unified supervisory agencies.

The authors discuss these problems, along with the practical lessons and recommendat ions provided by the 15 agencies to other countries considering integrated supervision, in the final section of the paper. This paper—a product of Financial Sector Operations and Policy.

Download Citation | International Survey of Integrated Financial Sector Supervision | Despite the intense debate on the advantages and disadvantages of adopting integrated supervision that has. International survey of integrated financial sector supervision Despite the intense debate on the advantages and disadvantages of adopting integrated supervision that has taken place in recent years, little is known about the experiences of countries that have adopted it and the obstacles and challenges they have faced to implement it.

In an attempt to shed light on this area, de Luna Martinez and Rose present the results of a survey conducted in a group of 15 countries that have adopted integrated supervision. After a brief review of the literature on integrated supervision, the authors examine four topics:Cited by: In an attempt to shed light on this area, the authors present the results of a survey conducted in a group of 15 countries that have adopted integrated supervision.

After a brief review of the literature on integrated supervision, the authors examine four topics: 1) The reasons cited by this group of countries for establishing an integrated supervisory agency.

Is One Watchdog Better Than Three. International Experience with Integrated Financial Sector Supervision Prepared by Martin Čihák and Richard Podpiera1 Authorized for distribution by Mark W. Swinburne March Abstract This Working Paper should not. SUPERVISION OF FINANCIAL SERVICES IN THE OECD AREA1 Background and Summary 1.

Over the past decade or so, a number of countries in the OECD area have implemented changes to the regulatory or legislative frameworks governing their financial services sectors, while others have announced plans to do so. enormous transformation in the financial services sector.

The marketplace has seen a marked shift from domestic firms engaged in distinct banking, securities, and insurance businesses to more integrated financial services conglomerates offering a broad range of financial products across the globe.

These fundamental changes in. The financial supervision structure reflects the national choice among an integrated, sectoral or twin-peak model of supervision with or without a supervisory role for the central bank.

International survey of integrated financial sector supervision. Washington, D.C.: World Bank, Financial Sector Operations and Policy Dept., [] (OCoLC) Material Type: Internet resource: Document Type: Book, Internet Resource: All Authors /. The results of the survey highlight that there are a variety of approaches to structuring financial sector supervision and, therefore, national jurisdictions should determine what best suits the characteristics of their own financial systems.

The FSI survey confirms that the last 20 years, and especially the last decade, have been a period of. Get this from a library. International survey of integrated financial sector supervision.

[Jose de Luna-Martinez; Thomas A Rose; World Bank.] -- Despite the intense debate on the advantages and disadvantages of adopting integrated supervision that has taken place in recent years, little is known about the experiences of countries that have. International Experience with Integrated Financial-Sector Supervision (in English) Over the past two decades, there has been a clear trend toward integrating the regulation and supervision of banks, nonbank financial institutions, and securities markets.

This paper reviews the international experience with integrated supervision. Financial supervisory architecture – what has changed after the crisis. 3 focused, and globally integrated.2 In response, policy reforms have sought to increase the resilience of the financial system.

In this regard, Basel III aims to ensure that there is sufficient high -quality bank capital and enough liquidity to withstand periods. Journals & Books; Register Sign in. International Experience with Integrated Financial Sector Supervision IMF WP/06/57 () Google Scholar.

Rose, T. International Survey of Integrated Financial Sector Supervision. World Bank Policy Research Working Paper No. Google Scholar. Herring and Carmassi, Integrated financial services supervision (Nigerian Financial System Strategy Workshop) Integrated Supervision - International Experience of financial sector legislation) 10 67% 2.

Departure of experienced personnel 9 60% 3. Delays to integrate IT systems and infrastructure of. DATA NEEDS FOR FINANCIAL SECTOR REGULATION-MAKING: The role of credit reporting service providers 27 VI. CONCLUDING REMARKS, TRENDS AND KEY CHALLENGES 31 ANNEX 1: ICCR Members that contributed in the preparation of the report “The role of Credit Reporting in Financial Sector Regulation and Supervision” 35 ANNEX 2: AnaCredit   Integrated Financial Supervisors Conference - To ronto, Canada May16 Information obtained from their recent survey leads Luna Martinez and Rose () to arrive at a.

Grenville, S'Financial sector supervision: what we have learned so far*', in Kawai, M & Sheng, A (eds), Capital market reform in asia: towards developed and integrated markets in times of change, SAGE Publications India Pvt Ltd, New Delhi, pp. viewed 12 Maydoi: /n Integrated agencies supervising banks, nonbank financial institutions, and securities markets have been gaining popularity around the globe.

Using a unique data set on compliance with international standards in 84 countries, we find that greater supervisory integration is associated with higher quality of insurance and securities supervision and greater consistency of supervision across sectors.

International Experience with Integrated Financial-Sector Supervision (in English) Martin This paper reviews the international experience with integrated supervision. The authors survey the theoretical arguments for and against the integrated supervisory model, and use data on compliance with international standards to assess the validity.

Drawing on Northern European experience -- where three Scandinavian countries have practiced integrated supervision for the past 10 years - Taylor and Fleming address three policy-related issues associated with the integrated model: Under what conditions should (or should not) a country consider moving toward an integrated model of financial.

integrated supervisory arrangements. (ii) Greater independence of the central bank could entail less integration of prudential supervision, but not necessarily of business conduct. (iii) Small open economies opt for more integrated structures of financial sector supervision, especially on the prudential side.

Singapore’s financial sector. Section 5 highlights the reforms undertaken in the aftermath of the Asian financial crisis that led to the building of a well-diversified and thriving international financial center.

We conclude in Section 6 with the challenges Singapore faces in the new global financial landscape. Challenges on integrated financial services supervision been the motivating factor of this new integrated supervision model.

provide more comprehensive supervision of the financial sector. The paper analyzes the quality of financial sector regulation and supervision around the globe.

Unlike studies that collect and analyze data on regulation and supervision “on the books,” this study also analyzes available information on supervisory implementation.

Dec 2 Risks in the Financial Sector (1)‏ Risks in business operations with FIs Credit risks Market risks Liquidity risks Operational risks (legal risks, IT risks, reputational risks, human risks, criminal risks) Natural (or other) catastrophy risk‏ These risk should be managed by the FI and the supervisor makes sure that relevant rules are.

The four methods of financial system regulation: An international comparative survey Andrew D Schmulow* This article provides a description of the four methods of financial system regulation currently in use internationally, with case studies illustrating each system.

Analysis is provided of the strengths and weaknesses of each. The book attempts to differentiate between what is known, what is believed, and what is still being debated about international finance.

The book consists of five major topics: (1) exchange rates and risk management, (2) international financial markets and institutions, (3) international investing, (4) international financial management, and (5.

Overview of the Philippine Financial Sector 2 B. Overview of Financial Conglomerates in the Philippines 4 C. Worldwide Trends in Financial Conglomeration 9 D.

Current Supervision of Philippine Financial Conglomerates 11 III. Financial Supervisory Implications of Financial Conglomeration 12 IV. Institutions and Economic Development 18 A. Int. Financial Stud. 6, 20 2 of 17 2. Beginning of Integrated Supervision This section is divided by subheadings. It will provide a concise and precise description of.

For the latest thinking about the international financial system, monetary policy, economic development, poverty reduction, and other critical issues, subscribe to Finance & Development (F&D).

This lively quarterly magazine brings you in-depth analyses of these and other subjects by the IMF's own staff as well as by prominent international experts. of the integrated financial regulator1 in Germany.

The next section gives the rationale for the reform of financial supervision in Germany. Section 3 describes the importance of Allfinanz for the German financial sector and evaluates the resulting need for integrating supervisory functions.

Section 4. Martinez, J.L. and Rose, T.A. () International survey of integrated financial sector supervision, World Bank Policy research paperpresented to the World Bank Conference, Aligning Supervisory Structures with Country Needs, 4 DecemberWashington, DC. The strongest arguments for unification are the enhanced oversight of financial conglomerates and the economies of scale they can potentially deliver.

However, there are also a number of potentially serious disadvantages to unification, especially the risk that the change process will be mismanaged and will result in a reduction in regulatory. Designing a regulatory and supervisory framework for integrated financial markets 1.

Introduction In modern industrial countries, financial markets have rapidly evolved in the last decades. The new technologies and the progress in information communication and disclosure have also induced a growing globalization of finance.

The debate on the benefits of international financial integration is certainly not uncontroversial: One extreme opinion sustains that integrated financial systems improve the allocation of productive resources, foster entrepreneurship and innovation, enhance market discipline, and help countries to insure against macroeconomic fluctuations.

2 Monetary Authority of Singapore CONTENTS ROBUST, TRUSTED, DYNAMIC AND PURPOSEFUL FINANCIAL CENTRE 32 A ROBUST FINANCIAL CENTRE 32 Industry Tests 32 Enhancing the Resolution Regime 33 Banking 33 International Supervisory Cooperation 34 Securities, Futures and Over-the-Counter Derivatives 36 Enforcement 37 Sectoral Security Operations Centre.

8 Monitoring and Evaluation in the Development Sector KPMG International Cooperative (“KPMG International”). KPMG International provides no client services and is a Swiss entity with which the independent member firms of the KPMG network are affiliated.De Luna Martinez, J.

and Rose, T. (), “International Survey of Integrated Supervision”, in Arner, D. and Lin, J-J (eds) Financial Regulation. A Guide to Structural Reform, Hong Kong: Sweet and Maxwell Asia, pp.

3– Google Scholar.The purpose of the study was to determine the effect integrated financial management information system on the performance of public sector organizations. The study was guided by the research questions as follows; what is the effect of Integrated Financial Management Information System (IFMIS) on financial reporting in public sector.

18764 views Monday, November 2, 2020