Author: European Central Bank
Publisher:
ISBN:
Category : Clearing of securities
Languages : en
Pages : 26
Book Description
Correspondent Central Banking Model (CCBM)
Author: European Central Bank
Publisher:
ISBN:
Category : Clearing of securities
Languages : en
Pages : 26
Book Description
Publisher:
ISBN:
Category : Clearing of securities
Languages : en
Pages : 26
Book Description
Cross-border Securities Settlements
Author:
Publisher:
ISBN:
Category : Clearing of securities
Languages : en
Pages : 92
Book Description
Publisher:
ISBN:
Category : Clearing of securities
Languages : en
Pages : 92
Book Description
A Glossary of Terms Used in Payments and Settlement Systems
Author: Committee on Payment and Settlement Systems
Publisher:
ISBN: 9789291971336
Category :
Languages : en
Pages : 51
Book Description
Publisher:
ISBN: 9789291971336
Category :
Languages : en
Pages : 51
Book Description
Cross-Border Financial Surveillance
Author: Marco A Espinosa-Vega
Publisher: International Monetary Fund
ISBN: 1455200646
Category : Business & Economics
Languages : en
Pages : 29
Book Description
Effective cross-border financial surveillance requires the monitoring of direct and indirect systemic linkages. This paper illustrates how network analysis could make a significant contribution in this regard by simulating different credit and funding shocks to the banking systems of a number of selected countries. After that, we show that the inclusion of risk transfers could modify the risk profile of entire financial systems, and thus an enriched simulation algorithm able to account for risk transfers is proposed. Finally, we discuss how some of the limitations of our simulations are a reflection of existing information and data gaps, and thus view these shortcomings as a call to improve the collection and analysis of data on cross-border financial exposures.
Publisher: International Monetary Fund
ISBN: 1455200646
Category : Business & Economics
Languages : en
Pages : 29
Book Description
Effective cross-border financial surveillance requires the monitoring of direct and indirect systemic linkages. This paper illustrates how network analysis could make a significant contribution in this regard by simulating different credit and funding shocks to the banking systems of a number of selected countries. After that, we show that the inclusion of risk transfers could modify the risk profile of entire financial systems, and thus an enriched simulation algorithm able to account for risk transfers is proposed. Finally, we discuss how some of the limitations of our simulations are a reflection of existing information and data gaps, and thus view these shortcomings as a call to improve the collection and analysis of data on cross-border financial exposures.
Central Bank Payment and Settlement Services with Respect to Cross-border and Multi-currency Transactions
Author: Bank for International Settlements
Publisher:
ISBN:
Category : Banks and banking, Central
Languages : en
Pages : 62
Book Description
Publisher:
ISBN:
Category : Banks and banking, Central
Languages : en
Pages : 62
Book Description
Delivery Versus Payment in Securities Settlement Systems
Author:
Publisher:
ISBN:
Category : Clearing of securities
Languages : en
Pages : 90
Book Description
Publisher:
ISBN:
Category : Clearing of securities
Languages : en
Pages : 90
Book Description
Collateral, Netting and Systemic Risk in the OTC Derivatives Market
Author: Mr.Manmohan Singh
Publisher: International Monetary Fund
ISBN: 1451982763
Category : Business & Economics
Languages : en
Pages : 17
Book Description
To mitigate systemic risk, some regulators have advocated the greater use of centralized counterparties (CCPs) to clear Over-The-Counter (OTC) derivatives trades. Regulators should be cognizant that large banks active in the OTC derivatives market do not hold collateral against all the positions in their trading book and the paper proves an estimate of this under-collateralization. Whatever collateral is held by banks is allowed to be rehypothecated (or re-used) to others. Since CCPs would require all positions to have collateral against them, off-loading a significant portion of OTC derivatives transactions to central counterparties (CCPs) would require large increases in posted collateral, possibly requiring large banks to raise more capital. These costs suggest that most large banks will be reluctant to offload their positions to CCPs, and the paper proposes an appropriate capital levy on remaining positions to encourage the transition.
Publisher: International Monetary Fund
ISBN: 1451982763
Category : Business & Economics
Languages : en
Pages : 17
Book Description
To mitigate systemic risk, some regulators have advocated the greater use of centralized counterparties (CCPs) to clear Over-The-Counter (OTC) derivatives trades. Regulators should be cognizant that large banks active in the OTC derivatives market do not hold collateral against all the positions in their trading book and the paper proves an estimate of this under-collateralization. Whatever collateral is held by banks is allowed to be rehypothecated (or re-used) to others. Since CCPs would require all positions to have collateral against them, off-loading a significant portion of OTC derivatives transactions to central counterparties (CCPs) would require large increases in posted collateral, possibly requiring large banks to raise more capital. These costs suggest that most large banks will be reluctant to offload their positions to CCPs, and the paper proposes an appropriate capital levy on remaining positions to encourage the transition.
Collateral Frameworks
Author: Kjell G. Nyborg
Publisher: Cambridge University Press
ISBN: 1107155843
Category : Business & Economics
Languages : en
Pages : 345
Book Description
The first book-length study of the importance of collateral frameworks in monetary policy, focusing on the Eurozone and euro crisis.
Publisher: Cambridge University Press
ISBN: 1107155843
Category : Business & Economics
Languages : en
Pages : 345
Book Description
The first book-length study of the importance of collateral frameworks in monetary policy, focusing on the Eurozone and euro crisis.
New Developments in Clearing and Settlement Arrangements for OTC Derivatives
Author:
Publisher:
ISBN:
Category : Derivative securities
Languages : en
Pages : 76
Book Description
Publisher:
ISBN:
Category : Derivative securities
Languages : en
Pages : 76
Book Description
Pan-African Banks
Author:
Publisher:
ISBN: 9781475547979
Category : Africa
Languages : en
Pages : 102
Book Description
Pan-African banks are expanding rapidly across the continent, creating cross-border networks, and having a systemic presence in the banking sectors of many Sub-Saharan African countries. These banking groups are fostering financial development and economic integration, stimulating competition and efficiency, introducing product innovation and modern management and information systems, and bringing higher skills and expertise to host countries. At the same time, the rise of pan-African banks presents new challenges for regulators and supervisors. As networks expand, new channels for transmission of macro-financial risks and spillovers across home and host countries may emerge. To ensure that the gains from cross border banking are sustained and avoid raising financial stability risks, enhanced cross-border cooperation on regulatory and supervisory oversight is needed, in particular to support effective supervision on a consolidated basis. This paper takes stock of the development of pan-African banking groups; identifies regulatory, supervisory and resolution gaps; and suggests how the IMF can help the authorities address the related challenges.
Publisher:
ISBN: 9781475547979
Category : Africa
Languages : en
Pages : 102
Book Description
Pan-African banks are expanding rapidly across the continent, creating cross-border networks, and having a systemic presence in the banking sectors of many Sub-Saharan African countries. These banking groups are fostering financial development and economic integration, stimulating competition and efficiency, introducing product innovation and modern management and information systems, and bringing higher skills and expertise to host countries. At the same time, the rise of pan-African banks presents new challenges for regulators and supervisors. As networks expand, new channels for transmission of macro-financial risks and spillovers across home and host countries may emerge. To ensure that the gains from cross border banking are sustained and avoid raising financial stability risks, enhanced cross-border cooperation on regulatory and supervisory oversight is needed, in particular to support effective supervision on a consolidated basis. This paper takes stock of the development of pan-African banking groups; identifies regulatory, supervisory and resolution gaps; and suggests how the IMF can help the authorities address the related challenges.