Limit search to available items
Book Cover
E-book

Title Creating a safer financial system : will the Volcker, Vickers, and Liikanen structural measures help? / prepared by José Viñals, Ceyla Pazarbasioglu, Jay Surti, Aditya Narain, Michaela Erbenova, and Julian Chow
Published Washington, D.C. : International Monetary Fund, 2013

Copies

Description 1 online resource (27 pages)
Series IMF staff discussion note ; SDN/13/04
IMF staff discussion note ; SDN/13/04.
Summary "The U.S., the U.K., and more recently, the E.U., have proposed policy measures directly targeting complexity and business structures of banks. Unlike other, price-based reforms (e.g., Basel 3 and G-SIFI surcharges), these proposals have been developed unilaterally with material differences in scope, design and implementation schedules. This may exacerbate cross-border regulatory arbitrage and put a further burden on consolidated supervision and cross-border resolution. This paper provides an analysis of the potential implications of implementing different structural policy measures. It proposes a pragmatic and coordinated approach to development of these policies to reduce risk of regulatory arbitrage and minimize unintended consequences. In doing so, it also aims to identify a set of common policy measures that countries could adopt to re-scope bank business models and corporate structures."--Summary
Notes "May 2013."
Online resource; title from PDF title page (IMF, viewed Apr. 18, 2017)
Subject Financial institutions -- Risk management
Form Electronic book
Author Viñals, José, 1954-
International Monetary Fund.
ISBN 1484378555
9781484378557
1484345525
9781484345528
1484319761
9781484319765
1484340949
9781484340943