1.

Record Nr.

UNINA9910968070503321

Autore

Garcia Pascual Antonio

Titolo

Toward An Effective Supervision of Partially Dollarized Banking Systems / / Antonio Garcia Pascual, Jorge Cayazzo, Socorro Heysen, Eva Gutierrez

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2006

ISBN

9786613821201

9781462305421

1462305423

9781452711812

145271181X

9781282448018

1282448013

9781451908282

1451908288

Edizione

[1st ed.]

Descrizione fisica

1 online resource (50 p.)

Collana

IMF Working Papers

Altri autori (Persone)

CayazzoJorge

GutierrezEva

HeysenSocorro

Soggetti

Banks and banking - State supervision

Banks and banking - Risk management

Banking

Banks and Banking

Banks and banking

Banks

Capital and Ownership Structure

Credit risk

Currencies

Currency

Depository Institutions

Exchange rate risk

Exchange rates

Financial Institutions and Services: Government Policy and Regulation

Financial regulation and supervision

Financial Risk and Risk Management

Financial risk management

Financial services law & regulation

Financing Policy



Foreign Exchange

Foreign exchange

Goodwill

Government and the Monetary System

Liquidity risk

Micro Finance Institutions

Monetary economics

Monetary Systems

Money and Monetary Policy

Money

Mortgages

Payment Systems

Regimes

Standards

Value of Firms

Peru

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"January 2006."

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

""Contents""; ""I. INTRODUCTION""; ""II. SUPERVISORY PRACTICES""; ""III. TOWARDS GOOD PRACTICES""; ""COUNTRY PRACTICES: SURVEY RESULTS""; ""CURRENCY-INDUCED CREDIT RISK IN SELECTED BANKING SYSTEMS""; ""References""

Sommario/riassunto

The paper presents a supervisory framework that addresses the vulnerabilities of partially dollarized banking systems. The tendency to underprice systemic liquidity risk and currency-induced credit risk creates vulnerabilities that need supervisory responses. The framework seeks to induce agents to better internalize risks by implementing a risk based approach to supervision, following the risk management guidelines of the Basel Committee, and by establishing buffers to cover higher liquidity and solvency risks. The paper also shows that most dollarized countries have addressed their liquidity vulnerabilities, but few have addressed those arising from currency-induced credit risks.