The Regulatory and Supervisory Framework for Fixed Income Markets in Europe

The Regulatory and Supervisory Framework for Fixed Income Markets in Europe PDF Author: Hubert Grignon Dumoulin
Publisher: World Bank Publications
ISBN:
Category : Fixed-income securities
Languages : en
Pages : 109

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Book Description

The Regulatory and Supervisory Framework for Fixed Income Markets in Europe

The Regulatory and Supervisory Framework for Fixed Income Markets in Europe PDF Author: Hubert Grignon Dumoulin
Publisher: World Bank Publications
ISBN:
Category : Fixed-income securities
Languages : en
Pages : 109

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Book Description


The Regulatory and Supervisory Framework for Fixed Income Markets in Europe

The Regulatory and Supervisory Framework for Fixed Income Markets in Europe PDF Author: Hubert Grignon Dumoulin
Publisher:
ISBN:
Category :
Languages : en
Pages : 109

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Book Description
Dumoulin and Kruse look at the development and regulation of fixed income securities markets in Europe. Fixed income securities markets in Europe have historically been characterized by a number of national markets that were interconnected by way of foreign exchange markets. They are presently undergoing major changes in size, infrastructure, and regulation. The authors describe the current state of the ongoing European regulatory and supervisory reform and the main drivers behind it. They conclude that European fixed income securities market regulation and infrastructure are not (yet) homogeneous. In some countries fixed income market regulation has been developed after intense political reflections on ways and means of promoting safe and efficient capital markets. In other countries, fixed income market regulation is a product of learning-by-doing (such as ad hoc reflections based on negative market experiences and financial scandals). To illustrate the heterogeneity in the European fixed income markets, the authors include two examples: France as an example of a country from the euro area, and Denmark as an example of a country outside the euro area.This paper - a product of the Financial Sector Operations and Policy Department - is part of a larger effort in the department to strengthen regulation in emerging securities markets.

International Convergence of Capital Measurement and Capital Standards

International Convergence of Capital Measurement and Capital Standards PDF Author:
Publisher: Lulu.com
ISBN: 9291316695
Category : Bank capital
Languages : en
Pages : 294

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The Euro Capital Market

The Euro Capital Market PDF Author: Daniel Gros
Publisher: John Wiley & Sons
ISBN:
Category : Business & Economics
Languages : en
Pages : 224

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Book Description
The authors predict that the impact will be far-reaching, leading to a more liquid, mature and efficient capital market. The structure of capital markets in Europe and the behaviour of actors in these markets will be fundamentally affected, leading to a more integrated market. For monetary union to achieve its real objective, policy makers will need to address a wide variety of outstanding issues, in particular the taxation of savings income, accounting standards, capital market regulation and financial supervision. The start of monetary union on 1 January 1999 launched a process of radical change in the structure of capital markets in Europe. Whereas previously, Europe had been fragmented into many diverse national markets, a single Euro capital market is now emerging. This book focuses on the long-term impact that the introduction of the euro will have on European capital markets and spells out implications for the financial sector and the wider economy. It discusses what further steps need to be taken to achieve a fully integrated market. In particular, the book examines: * The institutional and regulatory framework for European capital markets * The structure of European capital markets on the eve of EMU * The regional differences and the contrasts with the US capital market * The central role played by banks in European capital markets and the likelihood that a more market-based system may emerge * The implications of EMU for organised securities markets * The consequences for governance and policy, and more in particular for the taxation of savings income, securities market regulation and financial supervision

Regional Financial Integration in Africa: Cross-listings as a Form of Regional Financial Integration

Regional Financial Integration in Africa: Cross-listings as a Form of Regional Financial Integration PDF Author: Moses Wisdom Chisadza
Publisher: Anchor Academic Publishing (aap_verlag)
ISBN: 3954892219
Category : Social Science
Languages : en
Pages : 117

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Book Description
This book looks at contemporary issues facing financial markets in Southern Africa. It has been established that African stock markets are confronted with a multitude of problems which include inadequate liquidity, low capitalisation, few market participants, a small number of listed companies and low trading volumes. As a result, their broader economic impact has so far been limited. The Southern Africa Development Community (‘SADC’) stock markets, with the exception of South Africa, are small both in terms of the number of listed companies and market capitalisation, and they display considerable illiquidity. In general, the SADC region has shallow and underdeveloped financial markets. Their development has been hampered by a number of factors which include; political and economic uncertainty, fiscal dominance, weak judicial institutions, limited investment opportunities in the private sector, technological constraints, and the shortage of skilled personnel with expertise in banking and finance.

CFTC Report

CFTC Report PDF Author:
Publisher:
ISBN:
Category : Commodity exchanges
Languages : en
Pages : 36

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Germany

Germany PDF Author: International Monetary Fund. Monetary and Capital Markets Department
Publisher: International Monetary Fund
ISBN: 1475577737
Category : Business & Economics
Languages : en
Pages : 118

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Book Description
This paper evaluates the risks and vulnerabilities of the German financial system and reviews both the German regulatory and supervisory framework and implementation of the common European framework insofar as it is relevant for Germany. The country is home to two global systemically important financial institutions, Deutsche Bank AG and Allianz SE. The system is also very heterogeneous, with a range of business models and a large number of smaller banks and insurers. The regulatory landscape has changed profoundly with strengthened solvency and liquidity regulations for banks (the EU Capital Requirements Regulation and Directive IV), and the introduction of macroprudential tools.

Financial Market Regulation and Reforms in Emerging Markets

Financial Market Regulation and Reforms in Emerging Markets PDF Author: Masahiro Kawai
Publisher: Brookings Institution Press
ISBN: 0815704895
Category : Business & Economics
Languages : en
Pages : 441

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Book Description
"In the wake of the global financial crisis that began in 2008, offers a systematic overview of recent developments in regulatory frameworks in advanced and emerging-market countries, outlining challenges to improving regulation, markets, and access in developing economies"--Provided by publisher.

Financial Services and Markets Bill

Financial Services and Markets Bill PDF Author: Great Britain. Parliament. House of Lords
Publisher:
ISBN: 9780108395086
Category :
Languages : en
Pages : 241

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The Transformation of the European Financial System

The Transformation of the European Financial System PDF Author: Vitor Gaspar
Publisher:
ISBN: 9789291813483
Category : Banks and banking
Languages : en
Pages : 334

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Book Description