LEADER 04844oam 22010814 450 001 9910788405603321 005 20230828235708.0 010 $a1-4623-4779-7 010 $a1-4527-4510-2 010 $a1-283-51553-9 010 $a1-4519-0853-9 010 $a9786613827982 035 $a(CKB)3360000000443726 035 $a(EBL)3014513 035 $a(SSID)ssj0000941850 035 $a(PQKBManifestationID)11510030 035 $a(PQKBTitleCode)TC0000941850 035 $a(PQKBWorkID)10964048 035 $a(PQKB)11693533 035 $a(OCoLC)694141207 035 $a(MiAaPQ)EBC3014513 035 $a(IMF)WPIEE2006057 035 $a(EXLCZ)993360000000443726 100 $a20020129d2006 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aIs One Watchdog Better Than Three? International Experience with Integrated Financial Sector Supervision /$fMartin Cihak, Richard Podpiera 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2006. 215 $a1 online resource (32 p.) 225 1 $aIMF Working Papers 300 $a"March 2006." 311 $a1-4518-6317-9 327 $a""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"" 330 3 $aOver the past two decades, there has been a clear trend toward integrating the regulation and supervision of banks, nonbank financial institutions, and securities markets. This paper reviews the international experience with integrated supervision. We survey the theoretical arguments for and against the integrated supervisory model, and use data on compliance with international standards to assess the validity of some of these arguments. We find that (i) full integration is associated with higher quality of supervision in insurance and securities and greater consistency of supervision across sectors, after controlling for the level of development; and (ii) fully integrated supervision is not associated with a significant reduction in supervisory staff. 410 0$aIMF Working Papers; Working Paper ;$vNo. 2006/057 606 $aBanks and banking$xState supervision 606 $aFinancial services industry$xRegulation$xState supervision 606 $aBanks and Banking$2imf 606 $aFinance: General$2imf 606 $aIndustries: Financial Services$2imf 606 $aBusiness and Financial$2imf 606 $aGeneral Financial Markets: Government Policy and Regulation$2imf 606 $aBanks$2imf 606 $aDepository Institutions$2imf 606 $aMicro Finance Institutions$2imf 606 $aMortgages$2imf 606 $aFinancial Institutions and Services: Government Policy and Regulation$2imf 606 $aFinancial Institutions and Services: General$2imf 606 $aFinancial services law & regulation$2imf 606 $aBanking$2imf 606 $aBank supervision$2imf 606 $aFinancial sector$2imf 606 $aBasel Core Principles$2imf 606 $aFinancial regulation and supervision$2imf 606 $aBanks and banking$2imf 606 $aState supervision$2imf 606 $aFinancial services industry$2imf 606 $aLaw and legislation$2imf 607 $aAustralia$2imf 615 0$aBanks and banking$xState supervision. 615 0$aFinancial services industry$xRegulation$xState supervision. 615 7$aBanks and Banking 615 7$aFinance: General 615 7$aIndustries: Financial Services 615 7$aBusiness and Financial 615 7$aGeneral Financial Markets: Government Policy and Regulation 615 7$aBanks 615 7$aDepository Institutions 615 7$aMicro Finance Institutions 615 7$aMortgages 615 7$aFinancial Institutions and Services: Government Policy and Regulation 615 7$aFinancial Institutions and Services: General 615 7$aFinancial services law & regulation 615 7$aBanking 615 7$aBank supervision 615 7$aFinancial sector 615 7$aBasel Core Principles 615 7$aFinancial regulation and supervision 615 7$aBanks and banking 615 7$aState supervision 615 7$aFinancial services industry 615 7$aLaw and legislation 700 $aCihak$b Martin$01106217 701 $aPodpiera$b Richard$01546574 712 02$aInternational Monetary Fund.$bMonetary and Financial Systems Dept. 801 0$bDcWaIMF 906 $aBOOK 912 $a9910788405603321 996 $aIs One Watchdog Better Than Three? International Experience with Integrated Financial Sector Supervision$93850027 997 $aUNINA