Slide 1
... – Revisit tools/approaches used for managing risks Basel II – Higher transparency, better corporate governance Pillar III – Protect more core elements (payments system) against spillovers – Less cylinder approaches, stress more common elements – Reduced special nature of banks implies less nee ...
... – Revisit tools/approaches used for managing risks Basel II – Higher transparency, better corporate governance Pillar III – Protect more core elements (payments system) against spillovers – Less cylinder approaches, stress more common elements – Reduced special nature of banks implies less nee ...
'Integrating Financial Stability and Monetary Policy Analysis'
... In other situations, it may be appropriate to reduce the key policy rate while at the same time raising the level of the capital buffer. If, for instance, there are prospects that inflation will become too low at the same time as debt and house prices are rising rapidly, the key policy rate will be ...
... In other situations, it may be appropriate to reduce the key policy rate while at the same time raising the level of the capital buffer. If, for instance, there are prospects that inflation will become too low at the same time as debt and house prices are rising rapidly, the key policy rate will be ...
What is unique about this crisis? Financial collapse
... Economic contractions that follow financial crises are longer and deeper than contractions that do not (Reinhart, Rogoff) ...
... Economic contractions that follow financial crises are longer and deeper than contractions that do not (Reinhart, Rogoff) ...
Strategic Financial Intermediaries with Brokerage Activities
... In this paper, we study the strategic use by banks of their brokerage activities. We consider a situation where N competing banks engage in brokerage activities and have access to private information about the liquidation value of a risky asset could use their brokerage divisions to enhance their ow ...
... In this paper, we study the strategic use by banks of their brokerage activities. We consider a situation where N competing banks engage in brokerage activities and have access to private information about the liquidation value of a risky asset could use their brokerage divisions to enhance their ow ...
Day 1 — Wednesday, 10 April 2013 - Asia Pacific Financial Market
... legitimate regulatory objectives (such as financial stability and consumer protection) — in banking, insurance, wealth management and securities markets? ...
... legitimate regulatory objectives (such as financial stability and consumer protection) — in banking, insurance, wealth management and securities markets? ...
Discover Financial Services (Form: 424B2, Received
... Financial Services (the “Company”), when the notes offered by this pricing supplement have been executed and issued by the Company and authenticated by the trustee pursuant to the indenture, and delivered against payment as contemplated herein, such notes will be valid and binding obligations of the ...
... Financial Services (the “Company”), when the notes offered by this pricing supplement have been executed and issued by the Company and authenticated by the trustee pursuant to the indenture, and delivered against payment as contemplated herein, such notes will be valid and binding obligations of the ...
3% in 2013
... Advanced economies includes G7 economies, euro area, Australia , New Zealand, Israel and NIEs Developing Asia includes China, South Asia and Southeast Asia ...
... Advanced economies includes G7 economies, euro area, Australia , New Zealand, Israel and NIEs Developing Asia includes China, South Asia and Southeast Asia ...
op-ed
... The problem is that Wall Street and regulators relied on complex mathematical models that told financial institutions how much risk they were taking at any given time. Since the 1990s, risk management on Wall Street has been dominated by a model called "value at risk" (VaR). VaR attributes risk fact ...
... The problem is that Wall Street and regulators relied on complex mathematical models that told financial institutions how much risk they were taking at any given time. Since the 1990s, risk management on Wall Street has been dominated by a model called "value at risk" (VaR). VaR attributes risk fact ...
The Financial Instability Hypothesis
... hypothesis is that over periods of prolonged prosperity, the economy transits from financial relations that make for a stable system to financial relations that make for an unstable system. In particular, over a protracted period of good times, capitalist economies tend to move from a financial stru ...
... hypothesis is that over periods of prolonged prosperity, the economy transits from financial relations that make for a stable system to financial relations that make for an unstable system. In particular, over a protracted period of good times, capitalist economies tend to move from a financial stru ...
Geneva, Switzerland, 4 December 2014
... FATF Recommendations support the riskbased approach (RBA). Methodology considers financial inclusion through risk & effectiveness ...
... FATF Recommendations support the riskbased approach (RBA). Methodology considers financial inclusion through risk & effectiveness ...
Debt (B) Value of firm (V)
... a Changes in short-term borrowing are shown under net increase in debt. "Other uses" are net of any increase in miscellaneous liabilities and any statistical discrepancy. b Net income plus depreciation less cash dividends paid to stockholders Source: Board of Governors of the Federal Reserve System, ...
... a Changes in short-term borrowing are shown under net increase in debt. "Other uses" are net of any increase in miscellaneous liabilities and any statistical discrepancy. b Net income plus depreciation less cash dividends paid to stockholders Source: Board of Governors of the Federal Reserve System, ...
Ethics of the Financial Professional
... 10. Web Challenge #1: If financial professionals are compensated when they take risks (in hopes of a big win and a big pay day), we shouldn’t be surprised when they do so. Therefore, a lot of attention has been paid to how we motivate and compensate financial professionals, especially CEOs and other ...
... 10. Web Challenge #1: If financial professionals are compensated when they take risks (in hopes of a big win and a big pay day), we shouldn’t be surprised when they do so. Therefore, a lot of attention has been paid to how we motivate and compensate financial professionals, especially CEOs and other ...
... Dodd-Frank Wall Street Reform and Consumer Protection Act Impact on Hedge Funds • The Dodd-Frank Act requires all large hedge fund advisers to register with the SEC. • The new rules on derivatives trading have an additional impact on many hedge funds. • Increase of compliance costs on funds and inv ...
Reflections on the Global Financial Crisis
... Controller of the Currency, the Office of Thrift Supervision, the Federal Deposit Insurance Corporation, and the Federal Reserve Board. In the subprime market, many of the largest subprime lenders were independent mortgage companies, not subject to any supervision by bank or thrift regulators (Graml ...
... Controller of the Currency, the Office of Thrift Supervision, the Federal Deposit Insurance Corporation, and the Federal Reserve Board. In the subprime market, many of the largest subprime lenders were independent mortgage companies, not subject to any supervision by bank or thrift regulators (Graml ...
Contemporary-Financial-Management-11th-Edition
... organizations (policyholders). In exchange for these premiums, the insurance companies ...
... organizations (policyholders). In exchange for these premiums, the insurance companies ...
public_bodies
... The Framework Programme decision clearly indicates in footnote 4 in Annex III that additional cost is a possibility and can be offered “subject to specific conditions [to] specific legal entities, particularly public bodies, [who] will receive funding of up to 100% of their marginal/additional costs ...
... The Framework Programme decision clearly indicates in footnote 4 in Annex III that additional cost is a possibility and can be offered “subject to specific conditions [to] specific legal entities, particularly public bodies, [who] will receive funding of up to 100% of their marginal/additional costs ...
Exari`s Investment Banking Solution
... In the wake of recent turmoil in the financial markets, the Dodd- Frank Wall Street Reform and Consumer Protection Act and re- cent FSA regulations, institutions that trade in complex financial products are looking for ways to document and manage the high risks inherent in the business. The 2008 glo ...
... In the wake of recent turmoil in the financial markets, the Dodd- Frank Wall Street Reform and Consumer Protection Act and re- cent FSA regulations, institutions that trade in complex financial products are looking for ways to document and manage the high risks inherent in the business. The 2008 glo ...
Summary of Full and Simplified Obligations Requirements
... Institutions are required under the Financial Services (Recovery and Resolution) Regulations to draw up and maintain recovery plans on an annual basis. A recovery plan should set out a management strategy aimed at preventing an institution from failing when faced with severe stress. The plan should ...
... Institutions are required under the Financial Services (Recovery and Resolution) Regulations to draw up and maintain recovery plans on an annual basis. A recovery plan should set out a management strategy aimed at preventing an institution from failing when faced with severe stress. The plan should ...
Design of a Sustainable Financial System
... more spending on investments because they are not currently valued as such by a myopic market. The steadfast belief in perfect markets and the value of spreading assets to reduce risk, in combination with the emphasis on cost reduction, increase the push towards passive investing. For small investor ...
... more spending on investments because they are not currently valued as such by a myopic market. The steadfast belief in perfect markets and the value of spreading assets to reduce risk, in combination with the emphasis on cost reduction, increase the push towards passive investing. For small investor ...
Financial institutions
... estate, and mortgages, and then make payments to beneficiaries. Life insurance companies also offer a variety of taxdeferred savings plans designed to provide retirement benefits. ...
... estate, and mortgages, and then make payments to beneficiaries. Life insurance companies also offer a variety of taxdeferred savings plans designed to provide retirement benefits. ...
Symposium on Mobilizing Sustainable Investments: Making Private
... financing required will necessitate both mobilising capital through new financial products and asset classes, as well as the mainstreaming of environmental risks across the entire financial system. 2. The symposium will examine how this can be done from two different perspectives. The first session, ...
... financing required will necessitate both mobilising capital through new financial products and asset classes, as well as the mainstreaming of environmental risks across the entire financial system. 2. The symposium will examine how this can be done from two different perspectives. The first session, ...
Ensure comprehensive financial regulation
... Areas of focus: improving liquidity supply in times of crisis • Assessment of « Financial Safety Nets » and improvement, if needed, particularly to deal with systemic crises • Improved coordination between existing international and regional arrangements • Discussion on the optimal level of reserves ...
... Areas of focus: improving liquidity supply in times of crisis • Assessment of « Financial Safety Nets » and improvement, if needed, particularly to deal with systemic crises • Improved coordination between existing international and regional arrangements • Discussion on the optimal level of reserves ...
VF Financial Crisis
... returns. When repeal of Glass-Steagall brought investment and commercial banks together, the investment-bank culture came out on top. There was a demand for the kind of high returns that could be obtained only through high leverage and big risktaking. There were other important steps down the deregu ...
... returns. When repeal of Glass-Steagall brought investment and commercial banks together, the investment-bank culture came out on top. There was a demand for the kind of high returns that could be obtained only through high leverage and big risktaking. There were other important steps down the deregu ...
Regulatory stocktake - terms of reference
... stock of prudential regulations, and to identify any improvements that can be made to the current processes for introducing or amending prudential regulations. The project will explore whether there is scope for simplifying or removing any specific prudential requirements without compromising the so ...
... stock of prudential regulations, and to identify any improvements that can be made to the current processes for introducing or amending prudential regulations. The project will explore whether there is scope for simplifying or removing any specific prudential requirements without compromising the so ...