Papers on Financial Services, 1999

Papers on Financial Services, 1999 PDF Author: Robert E. Litan
Publisher:
ISBN:
Category :
Languages : en
Pages : 451

Get Book Here

Book Description

Papers on Financial Services, 1999

Papers on Financial Services, 1999 PDF Author: Robert E. Litan
Publisher:
ISBN:
Category :
Languages : en
Pages : 451

Get Book Here

Book Description


Brookings-Wharton Papers on Financial Services: 1999

Brookings-Wharton Papers on Financial Services: 1999 PDF Author: Robert E. Litan
Publisher: Jessica Kingsley Publishers
ISBN: 9780815752875
Category : Business & Economics
Languages : en
Pages : 480

Get Book Here

Book Description
The effects of technology on the financial sector are examined in this second in a series of annual volumes on the financial services industry from the Brookings Institution and the Wharton School at the University of Pennsylvania. The papers in this volume, as well as brief comments on the papers, are written by leading financial experts from the corporate, government, and academic communities. Future volumes will address other important issues affecting the financial services industry and thus continue to be a source of invaluable analysis and information for participants in the industry, financial regulators, policymakers, and everyone concerned with financial services. The Brookings-Wharton alliance represented here promises to be a major source of timely and insightful analyses of financial issues in the coming years. Richard Aspinwall, The Chase Manhattan Bank. Contents of this issue will include: -The future of stock exchanges by Maureen O'Hara, Cornell University, and Jonathan R. Macey, Cornell School of Law -The impact of the Internet on financial services by David Coleman, McKinsey & Company, James Marks, Deutsche Bank Securities, Inc., and Hal R. Varian, University of California, Berkeley -The effect on global financial structure by Frederic S. Mishkin, Columbia University, and Philip E. Strahan, Federal Reserve Bank of New York. -Year 2000 issues by John A. Meyer, EDS. -The impact of technology on firms and markets by Zvi Bodie, Boston University -Issues of privacy in the information age by Peter P. Swire, Ohio State University College of Law

H.R. 10--the Financial Services Modernization Act of 1999

H.R. 10--the Financial Services Modernization Act of 1999 PDF Author: United States. Congress. House. Committee on Banking and Financial Services
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 892

Get Book Here

Book Description


Financial Sector Crisis and Restructuring

Financial Sector Crisis and Restructuring PDF Author: Carl-Johan Lindgren
Publisher:
ISBN: 9781557758712
Category : Business & Economics
Languages : en
Pages : 103

Get Book Here

Book Description
An IMF paper reviewing the policy responses of Indonesia, Korea and Thailand to the 1997 Asian crisis, comparing the actions of these three countries with those of Malaysia and the Philippines. Although all judgements are still tentative, important lessons can be learned from the experiences of the last two years.

Financial Services Modernization Act of 1999

Financial Services Modernization Act of 1999 PDF Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs
Publisher:
ISBN:
Category : Banking law
Languages : en
Pages : 86

Get Book Here

Book Description


The Financial Regulatory Relief and Economic Efficiency Act of 1999

The Financial Regulatory Relief and Economic Efficiency Act of 1999 PDF Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs
Publisher:
ISBN:
Category : Banking law
Languages : en
Pages : 36

Get Book Here

Book Description


Financial Services Act of 1999

Financial Services Act of 1999 PDF Author: United States. Congress. House. Committee on Banking and Financial Services
Publisher:
ISBN:
Category : Banking law
Languages : en
Pages : 344

Get Book Here

Book Description


Brookings-Wharton Papers on Financial Services: 2000

Brookings-Wharton Papers on Financial Services: 2000 PDF Author: Robert E. Litan
Publisher: Brookings Institution Press
ISBN: 9780815706861
Category : Political Science
Languages : en
Pages : 508

Get Book Here

Book Description
The third in a series of annual volumes on the financial sector from the Brookings Institution and the Wharton School at the University of Pennsylvania explores the ongoing process of globalization in the financial services industry. Leading financial experts from the corporate, government, and academic communities examine global trends in banking, in reinsurance industries, and in securities markets; the challenges these trends pose for national regulations; the evolution of global accounting standards; the alleged effects of global hedge funds on capital flows into and out of emerging markets; and the erosion of legal barriers to the establishment of foreign financial services firms around the world.Opening remarks by Secretary of the Treasury Lawrence Summers present both national security and economic arguments for direct American support for increased global interdependence in trade in goods and services, including U.S. support for international financial institutions.

Financial Market Regulation

Financial Market Regulation PDF Author: John A. Tatom
Publisher: Springer Science & Business Media
ISBN: 1441966374
Category : Business & Economics
Languages : en
Pages : 243

Get Book Here

Book Description
What role should regulation play in financial markets? What have been the ramifications of financial regulation? To answer these and other questions regarding the efficacy of legislation on financial markets, this book examines the impact of the Gramm Leach Bliley Act (GLBA), also called the Financial Modernization Act of 1999, which fundamentally changed the financial landscape in the United States. The GLBA allows the formation of financial holding companies that can offer an integrated set of commercial banking, securities and insurance products. The tenth anniversary of the most sweeping financial legislation reform in the industry’s structure is a natural benchmark for assessing the effects of the law and for questioning whether changes are necessary in the working of this historic legislation. The importance of this review is reinforced by a variety of proposals in the last several years to reform the regulation of financial institutions that have attracted considerable attention among regulators and in the financial firms that they regulate. Most recently, the financial crisis and the failure of some large financial institutions have called into question the legitimacy of America’s current financial structure and its regulation, including to some degree the GLBA. There is no doubt that regulatory reform is front and center on today’s policy agenda. The lessons of the GLBA experience and its effects, both domestic and international, on financial markets and competitiveness, risk-taking and risk management by financial services firms and their regulators will be critical to the direction the country takes and the effort to ensure that future financial crises do not occur or have less costly damage. With contributions from academics, policy experts, and a sponsor of the GLBA, Congressman James Leach, this book is invaluable to anyone interested in financial system reform.

Revisiting the Rationale for a Single National Financial Services Regulator

Revisiting the Rationale for a Single National Financial Services Regulator PDF Author: Clive Briault
Publisher:
ISBN:
Category :
Languages : en
Pages : 40

Get Book Here

Book Description
In an earlier paper (Briault, 1999) I put forward the case for a single national financial services regulator. Such a regulator, covering a broad range of financial services activities and spanning both prudential and conduct of business regulation, should be well placed to deliver effective, efficient and properly differentiated regulation in the current financial environment in the UK. That paper described the formation of the UK Financial Services Authority (FSA) and similar developments in other countries. It also discussed the factors which supported the creation of an integrated financial services regulator and commented on the relationship between a single regulator and a central bank.So why revisit this case now? The purpose of this paper 1 is not simply to repeat the arguments set out in the earlier paper, but to review developments over the last three and a half years in the UK in an attempt to measure the performance of the FSA against the rationale for creating it in the first place. The FSA has gained some useful experience over this period from which to begin to draw some tentative conclusions about the success or otherwise of a single financial services regulator in the UK, even if these conclusions must be subject to qualifications at this stage. And although the FSA has been acting in most respects as a single regulator for the last three and a half years (see Briault, 1999, page 7), it only came fully into existence at midnight on 30 November 2001, when the Financial Services and Markets Act 2000 (FSMA) came into force. The quot;alphabet soupquot; of the previous regulatory bodies, as Michael Taylor once described them (Taylor, 1995, page 7), has finally disappeared.