LEADER 03878nam 2200625Ia 450 001 9910809371403321 005 20200520144314.0 010 $a1-4755-8969-7 010 $a1-4755-6936-X 035 $a(CKB)2670000000234721 035 $a(EBL)1587613 035 $a(Au-PeEL)EBL1587613 035 $a(CaPaEBR)ebr10590653 035 $a(OCoLC)867927651 035 $a(IMF)TMRFEE 035 $a(IMF)TMRFEA 035 $a(MiAaPQ)EBC1587613 035 $a(EXLCZ)992670000000234721 100 $a20120423d2012 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 00$aBuilding a more resilient financial sector $ereforms in the wake of the global crisis /$feditors, Aditya Narain, Inci Otker-Robe, and Ceyla Pazarbasioglu 205 $a1st ed. 210 $aWashington, D.C. $cInternational Monetary Fund$dc2012 215 $a1 online resource (610 p.) 300 $aDescription based upon print version of record. 311 $a1-61635-229-9 320 $aIncludes bibliographical references (p. 261-268) and index. 327 $aCover 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 327 $a8 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 330 3 $aThe IMF, with the Bank for International Settlements and the Financial Stability Board, has been at the forefront of discussions on reform of the global financial system to reduce the possibility of future crises, as well as to limit the consequences if they do occur. The policy choices are both urgent and challenging, and are complicated by the relationship between sovereign debt and risks to the banking sector. Building a More Resilient Financial Sector describes the key elements of the reform agenda, including tighter regulation and more effective supervision; greater transparency to strengthen market discipline and limit incentives for risk taking; coherent mechanisms for resolution of failed institutions; and effective safety nets to limit the impact on the financial system of institutions viewed as "too big to fail." Finally, the book takes a look ahead at how the financial system is likely to be shaped by the efforts of policymakers and the private sector response. 410 0$aBooks 606 $aInternational finance 606 $aBanking law 606 $aFinancial institutions, International$xLaw and legislation 606 $aGlobal Financial Crisis, 2008-2009 615 0$aInternational finance. 615 0$aBanking law. 615 0$aFinancial institutions, International$xLaw and legislation. 615 0$aGlobal Financial Crisis, 2008-2009. 676 $a332/.042 701 $aNarain$b Aditya$01605037 701 $aOtker$b Inci$00 701 $aPazarbasioglu$b Ceyla$01605038 712 02$aInternational Monetary Fund. 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910809371403321 996 $aBuilding a More Resilient Financial Sector$93930068 997 $aUNINA