Narrow Your Choices

Refine By Countries

Refine By Series

Refine By Language

Refine By Date

—

Refine By IMF Taxonomy

Refine By JEL Taxonomy

Refine by LOC Taxonomy

Refine By THEMA Taxonomy

  • Print
  • Save

Business and Economics > Insurance

You are looking at 1 - 4 of 4 items for :

  • Type: Journal Issue x
  • Banks and banking, Foreign x
Clear All Modify Search
Cover The Design and Implementation of Deposit Insurance Systems
The Design and Implementation of Deposit Insurance Systems
Mr. David S. Hoelscher
,
Mr. Michael W Taylor
, and
Mr. Ulrich H Klueh

Abstract

This paper describes recently established deposit insurance systems, identifying emerging trends. In line with previous IMF work on the subject, it argues against the development of "best practices" applicable to all systems. Rather, it stresses the importance of incorporating each country’s individual objectives in adopting a deposit insurance system, as well as that country’s characteristics, to ensure an effective system that minimizes disincentives and distortions to financial sector intermediation. The paper includes a summary of the academic literature.

Keywords:
OP; deposit; insurance system; deposit insurance system; depositor; deposit insurance agency; deposit insurance practice; FSF report; Deposit insurance; Commercial banks; Bank deposits; Cooperative banks; Distressed institutions; Middle East; Europe; Africa; Asia and Pacific; Moral hazard
Cover IMF Staff Country Reports
Cyprus: Assessment of Financial Sector Supervision and Regulation, including Reports on the Observance of Standards and Codes on the following topics: Banking Supervision, Insurance Supervision, and Securities Regulation
International Monetary Fund
The report summarizes the assessment of Financial Sector Supervision and Regulation on Reports on the Observance of Standards and Codes (ROSC) on banking supervision, insurance supervision, and securities regulation of Cyprus. The report assesses that the financial system in Cyprus is in a process of reform generated by liberalization and regulation owing to accession to the European Union. The paper analyzes competency in the banking sector and technical supervisory rules, and assesses its strengths and vulnerabilities in the implementation of financial standards mainly in cross-border cooperation, information exchange, and consolidated supervision.
Keywords:
ISCR; CR; firm; Cyprus; authority; bank; EU directive; nonlife company; EU branch; EU entry; national bank; securities regulator; EU protocol; EU passport; EU accession; EU UCITS directive; Cooperative banks; Insurance companies; Commercial banks; Insurance; Foreign banks; Eastern Europe
Cover IMF Staff Country Reports
Belize: Assessment of the Supervision and Regulation of the Financial Sector—Review of Financial Sector Regulation and Supervision
International Monetary Fund
This paper highlights key finding of the assessment of financial sector regulation and supervision in Belize. The assessment reveals that banking supervision in Belize complies with or is largely compliant with most of the Basel Core Principles. Under current arrangements, the Minister retains a good deal of discretionary authority with respect to banking supervision, but this situation is likely to be modified if a draft bill, now under discussion, becomes law. Retention of qualified staff is a continuous problem with the result that the intensity of banking supervision varies.
Keywords:
ISCR; CR; fund Methodology; bank Management Contact; Belize IBCS; business company registry; company formation agent; return on equity; bank staff; financial system; Belize government; corporate governance; bank management; CFT regime; due diligence; law enforcement authorities; subsidiaries bank; mutual fund; Anti-money laundering and combating the financing of terrorism (AML/CFT); Insurance; Foreign banks; Insurance companies; Money laundering; Caribbean
Cover The Nordic Banking Crisis
The Nordic Banking Crisis
Pitfalls in Financial Liberalization: Pitfalls in Financial Liberalization
Mr. Burkhard Drees
and
Ceyla Pazarbasioglu

Abstract

This study examines the banking crises in Finland, Norway and Sweden, which took place in the early 1990s, and draws some policy conclusions from their experiences. One key conclusion is that factors in addition to business cycle effects explain the Nordic countries financial problems. Although the timing of the deregulation in all three countries coincided with a strongly expansionary macroeconomic momentum, the main reasons for the banking crises were the delayed policy responses, the structural characteristics of the financial systems, and the banks inadequate internal risk-management controls.

Keywords:
OP; bank; lending; deregulation; savings bank; rate; loan loss; deregulation effort; stock-adjustment effect; lending risk; foreign currency lending; Commercial banks; Loans; Bank credit; Credit; Banking crises; Europe