LEADER 06395oam 22012254 450 001 9910807164403321 005 20200520144314.0 010 $a1-4623-2047-3 010 $a1-4527-0670-0 010 $a1-4518-7048-5 010 $a9786612841415 010 $a1-282-84141-6 035 $a(CKB)3170000000055075 035 $a(EBL)1607952 035 $a(SSID)ssj0000943031 035 $a(PQKBManifestationID)11479822 035 $a(PQKBTitleCode)TC0000943031 035 $a(PQKBWorkID)10974769 035 $a(PQKB)10667190 035 $a(OCoLC)763029293 035 $a(IMF)WPIEE2008190 035 $a(MiAaPQ)EBC1607952 035 $a(IMF)WPIEA2008190 035 $a(EXLCZ)993170000000055075 100 $a20020129d2008 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aQuality of Financial Sector Regulation and Supervision Around the World /$fMartin Cihak, Alexander Tieman 205 $a1st ed. 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2008. 215 $a1 online resource (47 p.) 225 1 $aIMF Working Papers 225 0$aIMF working paper ;$vWP/08/190 300 $aDescription based upon print version of record. 311 $a1-4519-1501-2 320 $aIncludes bibliographical references. 327 $aContents; I. Introduction; II. Data and Methodology; III. An Introductory Analysis of the Quality of Supervision; A. Overall Findings; Figures; 1. Overall Compliance with Standards and Codes; B. Differences by Income Level and Geographic Region; 2. Overall Compliance by Income Level; 3. Overall Compliance by Geographic Region; C. Main Strengths and Areas for Improvement; IV. Regression Analysis; V. Analysis of Other FSAP Recommendations; Box; 1. Cross-Border Issues in FSAPs for EU Countries: A Survey; VI. Conclusions; 4. Coverage of BCP, IAIS, and IOSCO Assessments, as of December 31, 2007 327 $aTables1. Banking Supervision 'Dictionary'; 2. Insurance Supervision 'Dictionary'; 3. Securities Regulation 'Dictionary'; 4. Financial Sector Standards and Their Four Main Components; 5. Compliance in Detail: Basel Core Principles; 6. Compliance in Detail: IAIS Principles; 7. Compliance in Detail: IOSCO's Objectives and Principles; 8. Regressions of Compliance on Income Per Capita; 5. Supervisory Quality by Level of Development; 6. Supervisory Quality by Geographic Region; 7. Correlation of Standards and Codes Assessments with the BCL Database 327 $a8. Correlation of Standards and Codes Assessments with KKM 2002 Database9. Correlation of Standards and Codes Assessments with KKM 2006 Database; 10. Regressions of Standards and Codes on KKM 2002 Variables and GDP Per Capita; 11. Regressions of Standards and Codes on KKM 2006 Variables and GDP Per Capita; 12. Regressions of Standards and Codes on BCL Variables and GDP Per Capita; Appendix; Main Areas for Improvements in Banking, Insurance, and Securities; References 330 3 $aThe paper analyzes the quality of financial sector regulation and supervision around the globe. Unlike studies that collect and analyze data on regulation and supervision "on the books," this study also analyzes available information on supervisory implementation, making use of data from IMF-World Bank assessments of compliance with international standards and codes. Incorporating supervisory implementation into the study provides an improved means of assessing countries' regulatory systems. We find that countries' regulatory frameworks score on average one notch below full compliance with the standards (on a 4-notch scale). There are substantial differences in the quality of regulatory and supervisory frameworks across countries, with the income level being a major factor. 410 0$aIMF Working Papers; Working Paper ;$vNo. 2008/190 606 $aBanks and banking$xState supervision 606 $aFinancial institutions$xState supervision 606 $aBanking$2imf 606 $aBanks and Banking$2imf 606 $aBanks and banking$2imf 606 $aBanks$2imf 606 $aBasel Core Principles$2imf 606 $aBusiness and Financial$2imf 606 $aCorporation and Securities Law$2imf 606 $aDepository Institutions$2imf 606 $aFinance$2imf 606 $aFinance: General$2imf 606 $aFinancial Sector Assessment Program$2imf 606 $aFinancial services industry$2imf 606 $aFinancial services law & regulation$2imf 606 $aGeneral Financial Markets: Government Policy and Regulation$2imf 606 $aIncome$2imf 606 $aLaw and legislation$2imf 606 $aMacroeconomics$2imf 606 $aMicro Finance Institutions$2imf 606 $aMortgages$2imf 606 $aNonbank financial institutions$2imf 606 $aPersonal income$2imf 606 $aPersonal Income, Wealth, and Their Distributions$2imf 606 $aSecurities regulation$2imf 606 $aState supervision$2imf 607 $aBelgium$2imf 615 0$aBanks and banking$xState supervision. 615 0$aFinancial institutions$xState supervision. 615 7$aBanking 615 7$aBanks and Banking 615 7$aBanks and banking 615 7$aBanks 615 7$aBasel Core Principles 615 7$aBusiness and Financial 615 7$aCorporation and Securities Law 615 7$aDepository Institutions 615 7$aFinance 615 7$aFinance: General 615 7$aFinancial Sector Assessment Program 615 7$aFinancial services industry 615 7$aFinancial services law & regulation 615 7$aGeneral Financial Markets: Government Policy and Regulation 615 7$aIncome 615 7$aLaw and legislation 615 7$aMacroeconomics 615 7$aMicro Finance Institutions 615 7$aMortgages 615 7$aNonbank financial institutions 615 7$aPersonal income 615 7$aPersonal Income, Wealth, and Their Distributions 615 7$aSecurities regulation 615 7$aState supervision 676 $a332.1 700 $aCihak$b Martin$01106217 701 $aTieman$b Alexander$01636990 801 0$bDcWaIMF 906 $aBOOK 912 $a9910807164403321 996 $aQuality of Financial Sector Regulation and Supervision Around the World$94113994 997 $aUNINA