Description |
1 online resource (27 pages) |
Series |
IMF staff discussion note ; SDN/13/04 |
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IMF staff discussion note ; SDN/13/04.
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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." |
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Online resource; title from PDF title page (IMF, viewed Apr. 18, 2017) |
Subject |
Financial institutions -- Risk management
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Form |
Electronic book
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Author |
Viñals, José, 1954-
|
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International Monetary Fund.
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ISBN |
1484378555 |
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9781484378557 |
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1484345525 |
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9781484345528 |
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1484319761 |
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9781484319765 |
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1484340949 |
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9781484340943 |
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