Tag Archives for financial stability

Pro-Cyclicality – Discussion of the problem and possible solutions

How to define pro-cyclicality Procyclicality is used in the context of discussing the effects of Basel II on the financial system. A simplified definition of pro-cyclicality is: International rules have encouraged banks to act more aggressively when the economic cycle … Continue reading

06. May 2008 by kasi
Categories: Discussions | Tags: , , , , , , , , , , , , , , , , , , , , , , , , | 2 comments

Concepts and Measurement of Risk – Article by Borio, Furfine, Lowe

Claudio Borio, Craig Furfine and Philip Lowe discuss concepts of risks in their article “Pro-cyclicality of the financial system and financial stability: issues and policy options“: They distinguish several types of risk: expected and unexpected losses (in the statistical sense) … Continue reading

04. May 2008 by kasi
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Trilemma in financial supervision – Schoenmaker, Oosterloo

Dirk Schoenmaker and Sander Osterloo from the Dutch Finance Ministry have written an article about Cross-border issues in European financial supervision as part of the book on the Structure of Financial Regulation by David G Mayes and Geoffrey E Wood. … Continue reading

22. April 2008 by kasi
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Mayes, Wood: “The Structure of Financial Regulation”

David G. Mayes and Geoffrey E. Wood have published a book about “The Structure of Financial Regulation” in 2007 based on a workshop held at the Bank of FInland. The book includes some interesting chapters on: Financial supervision Bank regulation … Continue reading

22. April 2008 by kasi
Categories: Books | Tags: , , , , , , , , , , | 2 comments

Financial stability – a public good?

When defining Financial Stability, the authors of the book on “Global Financial Governance” stated that financial stability is a “public good [which] will never be provided adequately by the market without regulatory intervention” (p. 18). In the traditional meaning, a … Continue reading

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

Discussion of 2008 FSF Report on Financial Stability

The FSF Report on Financial Stability (called “Enhancing Market and Institutional Resilience”) was yesterday approved by the G7. To assess the impact of the report on the global financial architecture and the responses to the credit crisis in the financial … Continue reading

13. April 2008 by kasi
Categories: Reports | Tags: , , , , , , , , , , | Leave a comment

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

FSI – Financial Stability Institute

Institution: Financial Stability Institute Abbreviation: FSI Type: Public Founded: 1999 Members Total: not applicable Membership in: not applicable Membership of: not applicable Description: The Bank for International Settlements and the Basel Committee on Banking Supervision jointly created the Financial Stability … Continue reading

02. April 2008 by kasi
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CGFS – Committee on the Global Financial System

Institution: Committee on the Global Financial System Abbreviation: CGFS Type: Public Founded: 1971 Members Total: Membership in: FSF Membership of: ECB Description: The Committee has a mandate to identify and assess potential sources of stress in global financial markets, to … Continue reading

02. April 2008 by kasi
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IADI – International Association of Deposit Insurers

Institution: International Association of Deposit Insurers Abbreviation: IADI Type: Public Founded: 2000 Members Total: 50 (Member Directory) Membership in: Membership of: Description: The International Association of Deposit Insurers (IADI) is a separate legal entity domiciled at the Bank for International … Continue reading

02. April 2008 by kasi
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