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

30. April 2008 by kasi
Categories: Memo | Tags: , , , | Leave a comment

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

20. April 2008 by kasi
Categories: Memo | Tags: , , , , , , , , , , , , , , , , , , , | 8 comments

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

17. April 2008 by kasi
Categories: Discussions | Tags: , , , , , , | 2 comments

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

14. April 2008 by kasi
Categories: Memo | Tags: , , , , , , , , , , , , , | 2 comments

Overview of 2008 FSF Report on Financial Stability

The G7 Finance Ministers met yesterday at the IMF Spring Meeting and approved a report prepared by the Financial Stability Forum, the main forum bringing together Central Banks, Regulators and Finance Ministers. Before discussing the report in detail, it is … Continue reading

13. April 2008 by kasi
Categories: Reports | Tags: , , , , , , , , , , , , , , , , , , | 6 comments

Organizational Changes of Markets and Exchanges

In Hulls book about futures and options, he mentions the profound changes that the Exchanges went through. While most of the different type of futures at the Chicago Mercantile Exchange were established well before the 1970ies, the formation of options … Continue reading

09. April 2008 by kasi
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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

02. April 2008 by kasi
Categories: Organisations | Tags: , , , , | 9 comments

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

02. April 2008 by kasi
Categories: Organisations | Tags: , , , , , , | 19 comments

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

01. April 2008 by kasi
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