05063oam 22011774 450 991095612200332120250426110447.0978661382798297814623477971462347797978145274510714527451029781283515535128351553997814519085341451908539(CKB)3360000000443726(EBL)3014513(SSID)ssj0000941850(PQKBManifestationID)11510030(PQKBTitleCode)TC0000941850(PQKBWorkID)10964048(PQKB)11693533(OCoLC)694141207(IMF)WPIEE2006057(MiAaPQ)EBC3014513(IMF)WPIEA2006057WPIEA2006057(EXLCZ)99336000000044372620020129d2006 uf 0engur|n|---|||||txtccrIs One Watchdog Better Than Three? International Experience with Integrated Financial Sector Supervision /Martin Cihak, Richard Podpiera1st ed.Washington, D.C. :International Monetary Fund,2006.1 online resource (32 p.)IMF Working Papers"March 2006."9781451863178 1451863179 ""Contents""; ""I. INTRODUCTION""; ""II. TRENDS IN INTEGRATED SUPERVISION""; ""III. REVIEW OF LITERATURE ON INTEGRATED FINANCIAL SUPERVISION""; ""IV. ANALYSIS OF INTERNATIONAL EXPERIENCE WITH INTEGRATED SUPERVISION""; ""V. CONCLUSIONS""; ""REFERENCES""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. We survey the theoretical arguments for and against the integrated supervisory model, and use data on compliance with international standards to assess the validity of some of these arguments. We find that (i) full integration is associated with higher quality of supervision in insurance and securities and greater consistency of supervision across sectors, after controlling for the level of development; and (ii) fully integrated supervision is not associated with a significant reduction in supervisory staff.IMF Working Papers; Working Paper ;No. 2006/057Banks and bankingState supervisionFinancial services industryRegulationState supervisionBank supervisionimfBankingimfBanks and BankingimfBanks and bankingimfBanksimfBasel Core PrinciplesimfBusiness and FinancialimfDepository InstitutionsimfFinance: GeneralimfFinancial Institutions and Services: GeneralimfFinancial Institutions and Services: Government Policy and RegulationimfFinancial regulation and supervisionimfFinancial sectorimfFinancial services industryimfFinancial services law & regulationimfGeneral Financial Markets: Government Policy and RegulationimfIndustries: Financial ServicesimfLaw and legislationimfMicro Finance InstitutionsimfMortgagesimfState supervisionimfAustraliaimfBanks and bankingState supervision.Financial services industryRegulationState supervision.Bank supervisionBankingBanks and BankingBanks and bankingBanksBasel Core PrinciplesBusiness and FinancialDepository InstitutionsFinance: GeneralFinancial Institutions and Services: GeneralFinancial Institutions and Services: Government Policy and RegulationFinancial regulation and supervisionFinancial sectorFinancial services industryFinancial services law & regulationGeneral Financial Markets: Government Policy and RegulationIndustries: Financial ServicesLaw and legislationMicro Finance InstitutionsMortgagesState supervisionCihak Martin1106217Podpiera Richard1816056International Monetary Fund.Monetary and Financial Systems Dept.DcWaIMFBOOK9910956122003321Is One Watchdog Better Than Three? International Experience with Integrated Financial Sector Supervision4371691UNINA