Quality of financial sector regulation and supervision around the world /
prepared by Martin Čihák and Alexander Tieman.

Description

Main Author

Čihák, Martin.

Related Names

Tieman, Alexander F.
International Monetary Fund. Monetary and Capital Markets Dept.

Language(s)

English

Published

Washington, D.C. : International Monetary Fund, c2008.

Subjects

Financial institutions > Financial institutions / State supervision.
Banks and banking > Banks and banking / State supervision.

Summary

The paper analyzes the quality of financial sector regulation and supervision around the globe. Unlike studies that collect and analyze data on regulation and supervision "on the books," this study also analyzes available information on supervisory implementation, making use of data from IMF-World Bank assessments of compliance with international standards and codes. Incorporating supervisory implementation into the study provides an improved means of assessing countries' regulatory systems. We find that countries' regulatory frameworks score on average one notch below full compliance with the standards (on a 4-notch scale). There are substantial differences in the quality of regulatory and supervisory frameworks across countries, with the income level being a major factor.

Note

"August 2008."
At head of title: Monetary and Capital Markets Department.
Also available via the World Wide Web.

Physical Description

45 p. : ill., maps ; 28 cm.

Locate a Print Version

Find in a library

Viewability