1.

Record Nr.

UNINA9910462257803321

Titolo

Building a more resilient financial sector [[electronic resource] ] : reforms in the wake of the global crisis / / editors, Aditya Narain, İnci Ötker-Robe, and Ceyla Pazarbasioglu

Pubbl/distr/stampa

Washington, D.C., : International Monetary Fund, c2012

ISBN

1-4755-8969-7

1-4755-6936-X

Descrizione fisica

1 online resource (610 p.)

Altri autori (Persone)

NarainAditya

Ötkerİnci

PazarbaşioğluCeyla

Disciplina

332/.042

Soggetti

International finance

Banking law

Financial institutions, International - Law and legislation

Global Financial Crisis, 2008-2009

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references (p. 261-268) and index.

Nota di contenuto

Cover Page; Title Page; Copyright Page; Contents; Chapters; Foreword; Acknowledgments; Abbreviations; Contributors; 1 From Crisis to a New Financial Architecture: Taking Stock and Looking Forward; 2 Shaping the New Financial System; 3 Impact of Regulatory Reforms on Large and Complex Financial Institutions; 4 The Perimeter of Financial Regulation; 5 The Making of Good Supervision: Learning to Say "No"; 6 Resolution of Cross-Border Banks: A Proposed Framework for Enhanced Coordination; 7 The Too-Important-to-Fail Conundrum: Impossible to Ignore and Difficult to Resolve

8 Contingent Capital: Economic Rationale and Design Features9 Recovery and Resolution Plans (Living Wills): A Solution to the TITF Problem?; 10 Making Banks Safer: Can Volcker and Vickers Do It?; 11 Subsidiaries or Branches: Does One Size Fit All?; 12 Redesigning the Contours of the Future Financial System; Index; References; Footnotes

Sommario/riassunto

The IMF, with the Bank for International Settlements and the Financial



Stability Board, has been at the forefront of discussions on reform of the global financial system to reduce the possibility of future crises, as well as to limit the consequences if they do occur. The policy choices are both urgent and challenging, and are complicated by the relationship between sovereign debt and risks to the banking sector. Building a More Resilient Financial Sector describes the key elements of the reform agenda, including tighter regulation and more effective supervision; greater transparency to streng