Tag Archives for financial institutions
Thoughts on transnational networks of private international bodies in the financial architecture
In most fields of regulation, even on the national level, organisation representing private interests or corporations have a saying. Private interestes are expressed through lobbyism and public relation activities, but the governance system in most states is characterized by representatives … Continue reading
Project: Mapping the Financial Governance
When academics, analysts and scholars analyze the causes and remedies for the current credit crisis, most of them analyze macro-economic trends such as exchange rate movements, or micro-economic changes such as Basel II. How the global financial architecture evolved and … Continue reading
The need for systemic risk
To speak about systemic risks only makes sense when analyzing a large system, such as the international financial markets. The financial markets are the quintessential traders of risk, because risks from investments, macro- and micro-economic policy, technological innovation and behaviour … Continue reading
Global Financial Governance – Definitions by Alexander, Eatwell and Dhumale
Alexander, Eatwell and Dhumale make this causal explanation for the need of Global Financial Governance (p. 14): In the post-Bretton-Woods-Era, banks and financial instutions have adopted innovative financial instruments to diversify earnings and to hedge against credit and market risk. … Continue reading
ICMA – International Capital Market Association
Institution: International Capital Market Association Abbreviation: ICMA Type: Private Founded: 2005 (History: In 1969, banks and securities houses established the Association of International Bond Dealers (AIBD). In 1984, IPMA, the International Primary Market Association, was established by AIBD member banks … Continue reading
IIF – Institute of International Finance
Institution: Institute of International Finance Abbreviation: IIF Type: Private Founded: 1983 Members Total: 350 members headquartered in more than 60 countries. Mostly commercial banks, but membership is also open to Securities firms, Fund managers. Law firms, Multinational companies, Stock exchanges, … Continue reading
Financial Architecture
Institutions AIBD – Association of International Bond Dealers, now ICMA. BCBS – Basel Committee on Banking Supervision BIS – Bank for International Settlements CEBS – Committee of European Banking Supervisors CEIOPS – Committee of European Insurance and Occupational Pensions Supervisors … Continue reading