Emerging Issues in Banking Regulation

By Sunil Sharma, Ralph Chami, Mohsin S. Khan

May 1, 2003

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Format: Chicago

Sunil Sharma, Ralph Chami, and Mohsin S. Khan Emerging Issues in Banking Regulation, (USA: International Monetary Fund, 2003) accessed November 21, 2024

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

The paper provides an overview of the profound and rapid changes in banking brought about by technology and deregulation, and discusses the hurdles that will have to be negotiated for putting in place the three pillars-capital adequacy rules, supervision, and market discipline-of the bank regulatory framework envisioned by the New Basel Accord (Basel II). It argues that, especially for developing countries, finding the right balance between regulation, supervision, and market discipline is likely to be difficult. Considerable technical expertise as well as political discipline-which can be viewed as a fourth pillar-will be required to implement Basel II.

Subject: Bank supervision, Banking, Capital adequacy requirements, Deposit insurance, Financial crises, Financial institutions, Financial regulation and supervision, Financial statements, Nonbank financial institutions, Public financial management (PFM)

Keywords: Bank, Bank association, Bank behavior, Bank capital, Bank management, Bank regulator, Bank supervision, Bank VaR model, Banking, Basel standards, Capital, Capital requirement, Deposit insurance, Financial statements, Global, Insurance fund, Market, Market discipline, Nonbank financial institutions, Problem bank, Regulation, Regulator, Risk management system, Risk-management process, WP

Publication Details

Pages:

25
Volume:

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DOI:

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Issue:

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Series:

Working Paper No. 2003/101
Stock No:

WPIEA1012003
ISBN:

9781451852530
ISSN:

1018-5941

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