Cover IMF Working Papers
Cross-Border Coordination of Prudential Supervision and Deposit Guarantees
Author: International Monetary Fund
Series:
IMF Working Papers
Volume/Issue:
Volume 2008: Issue 283
Language:
English
Publication Date:
01 Dec 2008
DOI:
https://doi.org/10.5089/9781451871418.001
ISBN:
9781451871418
ISSN:
1018-5941
Pages:
26
Keywords:
WP; deposit guarantee
Legal-disclaimer:
IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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The scramble to expand deposit guarantees in Europe in response to recent financial turmoil confirms that the on-going integration of European financial markets requires closer coordination of prudential policies and financial safety nets. We study the optimal design of prudential supervision and deposit guarantee regulations in a multi-country, integrated banking market such as the European Union, where policy-makers have either similar or asymmetric preferences regarding profitability and stability of the banking sector. The paper concludes with recommendations on policy priorities in this area.
Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund