Quality of financial sector regulation and supervision around the world /

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Bibliographic Details
Author / Creator:Čihák, Martin, author.
Imprint:Washington, D.C. : International Monetary Fund, ©2008.
Description:1 online resource (45 pages) : illustrations, maps
Language:English
Series:IMF working paper ; WP/08/190.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12499636
Hidden Bibliographic Details
Other authors / contributors:Tieman, Alexander F., author.
International Monetary Fund. Monetary and Capital Markets Department.
ISBN:1282841416
9781282841413
1451915012
9781451915013
1462320473
9781462320479
1452706700
9781452706702
1451870485
9781451870480
9786612841415
6612841419
Digital file characteristics:text file
Notes:At head of title: Monetary and Capital Markets Department.
"August 2008."
Includes bibliographical references (pages 44-45).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2011.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
digitized 2011 HathiTrust Digital Library committed to preserve
Print version record.
Summary:The 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
Other form:Print version: Čihák, Martin. Quality of financial sector regulation and supervision around the world. Washington, D.C. : International Monetary Fund, ©2008
Standard no.:10.5089/9781451915013.001
Table of Contents:
  • 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
  • Tables1. 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
  • 8. 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