IMF Working Papers

Cross-Border Coordination of Prudential Supervision and Deposit Guarantees

December 1, 2008

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Cross-Border Coordination of Prudential Supervision and Deposit Guarantees, (USA: International Monetary Fund, 2008) 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 scramble to expand deposit guarantees in Europe in response to recent financial turmoil confirms that the on-going integration of European financial markets requires closer coordination of prudential policies and financial safety nets. We study the optimal design of prudential supervision and deposit guarantee regulations in a multi-country, integrated banking market such as the European Union, where policy-makers have either similar or asymmetric preferences regarding profitability and stability of the banking sector. The paper concludes with recommendations on policy priorities in this area.

Subject: Banking, Banking crises, Deposit insurance, Distressed institutions, Financial sector stability

Keywords: Deposit guarantee, WP

Publication Details

  • Pages:

    26

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Working Paper No. 2008/283

  • Stock No:

    WPIEA2008283

  • ISBN:

    9781451871418

  • ISSN:

    1018-5941