Author: OECD
Publisher: OECD Publishing
ISBN: 9264209026
Category :
Languages : en
Pages : 38
Book Description
This set of guidelines provides the measures by which governments can implement or advance regulatory reform.
Recommendation of the Council on Regulatory Policy and Governance
Author: OECD
Publisher: OECD Publishing
ISBN: 9264209026
Category :
Languages : en
Pages : 38
Book Description
This set of guidelines provides the measures by which governments can implement or advance regulatory reform.
Publisher: OECD Publishing
ISBN: 9264209026
Category :
Languages : en
Pages : 38
Book Description
This set of guidelines provides the measures by which governments can implement or advance regulatory reform.
Regulation and Its Reform
Author: Stephen Breyer
Publisher: Harvard University Press
ISBN: 9780674753761
Category : Law
Languages : en
Pages : 490
Book Description
On its Surface, this book is aimed at the topical issue of regulatory reform. But underneath it strives to go beyond the topical, seeking to analyze regulation as a distinct discipline and to help teach it as a separate subject.
Publisher: Harvard University Press
ISBN: 9780674753761
Category : Law
Languages : en
Pages : 490
Book Description
On its Surface, this book is aimed at the topical issue of regulatory reform. But underneath it strives to go beyond the topical, seeking to analyze regulation as a distinct discipline and to help teach it as a separate subject.
OECD Guiding Principles for Regulatory Quality and Performance
Author: OECD
Publisher: OECD Publishing
ISBN: 9264056386
Category :
Languages : en
Pages : 12
Book Description
The goal of regulatory reform is to improve national economies and enhance their ability to adapt to change. Better regulation and structural reforms are necessary complements to sound fiscal and macroeconomic policies. Continual and far-reaching ...
Publisher: OECD Publishing
ISBN: 9264056386
Category :
Languages : en
Pages : 12
Book Description
The goal of regulatory reform is to improve national economies and enhance their ability to adapt to change. Better regulation and structural reforms are necessary complements to sound fiscal and macroeconomic policies. Continual and far-reaching ...
Regulatory Impact Analysis Best Practices in OECD Countries
Author: OECD
Publisher: OECD Publishing
ISBN: 9264162151
Category :
Languages : en
Pages : 280
Book Description
This is the first report to look across the OECD membership at how regulatory impact analysis is actually designed and carried out.
Publisher: OECD Publishing
ISBN: 9264162151
Category :
Languages : en
Pages : 280
Book Description
This is the first report to look across the OECD membership at how regulatory impact analysis is actually designed and carried out.
OECD Reviews of Regulatory Reform Regulatory Policies in OECD Countries From Interventionism to Regulatory Governance
Author: OECD
Publisher: OECD Publishing
ISBN: 9264177434
Category :
Languages : en
Pages : 188
Book Description
Regulatory Policies in OECD Countries documents the "state of play" in the regulatory policy agenda in OECD countries, and identifies the key challenges facing regulatory practitioners in the future.
Publisher: OECD Publishing
ISBN: 9264177434
Category :
Languages : en
Pages : 188
Book Description
Regulatory Policies in OECD Countries documents the "state of play" in the regulatory policy agenda in OECD countries, and identifies the key challenges facing regulatory practitioners in the future.
OECD Reviews of Regulatory Reform Risk and Regulatory Policy Improving the Governance of Risk
Author: OECD
Publisher: OECD Publishing
ISBN: 926408293X
Category :
Languages : en
Pages : 251
Book Description
This publication presents recent OECD papers on risk and regulatory policy. They offer measures for developing, or improving, coherent risk governance policies.
Publisher: OECD Publishing
ISBN: 926408293X
Category :
Languages : en
Pages : 251
Book Description
This publication presents recent OECD papers on risk and regulatory policy. They offer measures for developing, or improving, coherent risk governance policies.
Resolution of Failed Banks by Deposit Insurers
Author: Thorsten Beck
Publisher: World Bank Publications
ISBN:
Category : Bancos
Languages : en
Pages : 34
Book Description
"There is a wide cross-country variation in the institutional structure of bank failure resolution, including the role of the deposit insurer. The authors use quantitative analysis for 57 countries and discuss specific country cases to illustrate this variation. Using data for over 1,700 banks across 57 countries, they show that banks in countries where the deposit insurer has the responsibility of intervening failed banks and the power to revoke membership in the deposit insurance scheme are more stable and less likely to become insolvent. Involvement of the deposit insurer in bank failure resolution thus dampens the negative effect that deposit insurance has on banks' risk taking. "--World Bank web site.
Publisher: World Bank Publications
ISBN:
Category : Bancos
Languages : en
Pages : 34
Book Description
"There is a wide cross-country variation in the institutional structure of bank failure resolution, including the role of the deposit insurer. The authors use quantitative analysis for 57 countries and discuss specific country cases to illustrate this variation. Using data for over 1,700 banks across 57 countries, they show that banks in countries where the deposit insurer has the responsibility of intervening failed banks and the power to revoke membership in the deposit insurance scheme are more stable and less likely to become insolvent. Involvement of the deposit insurer in bank failure resolution thus dampens the negative effect that deposit insurance has on banks' risk taking. "--World Bank web site.
The Korean Financial Crisis of 1997—A Strategy of Financial Sector Reform
Author: Mr.Angel J. Ubide
Publisher: International Monetary Fund
ISBN: 1451844646
Category : Business & Economics
Languages : en
Pages : 67
Book Description
After years of strong performance, Korea’s economy entered a crisis in 1997, owing largely to structural problems in its financial and corporate sectors. These problems emerged in the second half of that year, when the capital inflows that had helped finance Korea’s growth were reversed, as foreign investors—reeling from losses in other Southeast Asian economies—decided to reduce their exposure to Korea. This paper focuses on the sources of the crisis that originated in the financial sector, the measures taken to deal with it, and the evolution of key banking and financial variables in its aftermath.
Publisher: International Monetary Fund
ISBN: 1451844646
Category : Business & Economics
Languages : en
Pages : 67
Book Description
After years of strong performance, Korea’s economy entered a crisis in 1997, owing largely to structural problems in its financial and corporate sectors. These problems emerged in the second half of that year, when the capital inflows that had helped finance Korea’s growth were reversed, as foreign investors—reeling from losses in other Southeast Asian economies—decided to reduce their exposure to Korea. This paper focuses on the sources of the crisis that originated in the financial sector, the measures taken to deal with it, and the evolution of key banking and financial variables in its aftermath.
OECD Economic Surveys: Korea 2018
Author: OECD
Publisher: OECD Publishing
ISBN: 9264300821
Category :
Languages : en
Pages : 160
Book Description
Economic growth picked up in 2017, but reforms are needed to sustain Korea's convergence toward the income levels in the most advanced countries. Its labour productivity is 46% below the top half of OECD countries, reflecting problems in the service sector. In addition, productivity in small ...
Publisher: OECD Publishing
ISBN: 9264300821
Category :
Languages : en
Pages : 160
Book Description
Economic growth picked up in 2017, but reforms are needed to sustain Korea's convergence toward the income levels in the most advanced countries. Its labour productivity is 46% below the top half of OECD countries, reflecting problems in the service sector. In addition, productivity in small ...
Republic of Korea
Author: International Monetary Fund. Monetary and Capital Markets Department
Publisher: International Monetary Fund
ISBN: 1498383777
Category : Business & Economics
Languages : en
Pages : 157
Book Description
SUMMARY The Korean authorities have made significant progress since the last FSAP in revising the securities regulatory framework, with the current framework achieving good overall compliance with the International Organization of Securities Commissions (IOSCO) Principles. Importantly, the earlier legal impediments to international cooperation and exchange of information have been removed. Since 2011, Korea also applies the Korean International Financial Reporting Standards (K-IFRS) that follow the International Financial Reporting Standards (IFRS). Although the regulators’ responsibilities are defined in legislation, the complexity of the structure obscures the transparency of the decision-making processes. The responsibility for deciding on a particular supervisory or enforcement action can lie either at the Financial Services Commission (FSC), Securities and Futures Commission (SFC), or Financial Supervisory Service (FSS), depending on the nature and gravity of action, but it is not always clear which one of them is ultimately in charge. The process is further complicated by the use of pre-deliberation committees at various levels. Self-regulatory organizations—the Korea Exchange (KRX), the Korea Financial Investment Association (KOFIA) and the Korean Institute of Certified Public Accountants (KICPA)— also play a role in the regulatory and supervisory processes. Publication of additional information on the decision-making structure and processes would be beneficial. Operational cooperation and coordination between the various authorities is currently addressed by having the agencies represented in each others’ decision-making bodies. However, the full participation of the Minister of Strategy and Finance at the FSC Board has the potential of compromising the independence of the FSC’s supervisory and enforcement decisions. Consideration should be given on how best to mitigate the potential for undue political influence arising from such governance arrangements by, for example, restricting the participation of the Minister of Strategy and Finance in the supervisory and enforcement decisions. Attention should also be paid to ensuring that the various arrangements for gathering commercial input provide for equal and transparent treatment of market participants.
Publisher: International Monetary Fund
ISBN: 1498383777
Category : Business & Economics
Languages : en
Pages : 157
Book Description
SUMMARY The Korean authorities have made significant progress since the last FSAP in revising the securities regulatory framework, with the current framework achieving good overall compliance with the International Organization of Securities Commissions (IOSCO) Principles. Importantly, the earlier legal impediments to international cooperation and exchange of information have been removed. Since 2011, Korea also applies the Korean International Financial Reporting Standards (K-IFRS) that follow the International Financial Reporting Standards (IFRS). Although the regulators’ responsibilities are defined in legislation, the complexity of the structure obscures the transparency of the decision-making processes. The responsibility for deciding on a particular supervisory or enforcement action can lie either at the Financial Services Commission (FSC), Securities and Futures Commission (SFC), or Financial Supervisory Service (FSS), depending on the nature and gravity of action, but it is not always clear which one of them is ultimately in charge. The process is further complicated by the use of pre-deliberation committees at various levels. Self-regulatory organizations—the Korea Exchange (KRX), the Korea Financial Investment Association (KOFIA) and the Korean Institute of Certified Public Accountants (KICPA)— also play a role in the regulatory and supervisory processes. Publication of additional information on the decision-making structure and processes would be beneficial. Operational cooperation and coordination between the various authorities is currently addressed by having the agencies represented in each others’ decision-making bodies. However, the full participation of the Minister of Strategy and Finance at the FSC Board has the potential of compromising the independence of the FSC’s supervisory and enforcement decisions. Consideration should be given on how best to mitigate the potential for undue political influence arising from such governance arrangements by, for example, restricting the participation of the Minister of Strategy and Finance in the supervisory and enforcement decisions. Attention should also be paid to ensuring that the various arrangements for gathering commercial input provide for equal and transparent treatment of market participants.