Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

There have been significant improvements in both the quality of regulation and the supervisory approach since the 2007 FSAP. Many amendments to existing laws, new laws, and regulations have been introduced, aimed at addressing shortfalls identified in the 2007 FSAP. These improvements will be evident throughout this assessment. At the same time, a number of weaknesses have been identified. Among these is an operational risk within the NBG’s own Banking Supervisory Department. There has been a very high level of staff turnover in recent years due to a lack of salary competitiveness vis-à-vis the commercial banks, and there appears to be over-reliance on key personnel. Also, the level and type of staff training need to be expanded. While the NBG puts significant effort into understanding the risk profile of each individual bank and the banking system as a whole, more attention is needed to improve the quality of risk management of the banks. In a number of areas, notably bank licensing, the NBG relies on its broad supervisory powers to carry out its functions in the absence of detailed explicit powers. While this regime generally seems to work well in practice, it could leave the NBG open to challenge where these broad powers are not supported by more granular powers. Recently, several amendments to the legislation have been introduced in order to address these shortcomings.

Banks and banking -- State supervision -- Georgia. --- Financial institutions -- State supervision -- Georgia. --- International monetary fund -- Georgia. --- Finance --- Business & Economics --- Banking --- Banks and banking --- Banking law --- Financial institutions --- State supervision --- Law and legislation --- International Monetary Fund --- National Bank of Georgia. --- Financial intermediaries --- Lending institutions --- Law, Banking --- Agricultural banks --- Banking industry --- Commercial banks --- Depository institutions --- Internationaal monetair fonds --- International monetary fund --- Associations, institutions, etc. --- Money --- E-books --- Banks and Banking --- Industries: Financial Services --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Financing Policy --- Financial Risk and Risk Management --- Capital and Ownership Structure --- Value of Firms --- Goodwill --- Financial services law & regulation --- Market risk --- Credit risk --- Operational risk --- Financial regulation and supervision --- Loans --- Financial risk management --- Georgia

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

The 2008 financial crisis all but brought down the financial system and real economies of industrial countries. The Banking Union took a broad approach to resolve the structural fragmentation and distortions in the European banking system which were major obstacles to a working single market for financial services. This book examines the numerous changes happening to European legislations for the prevention and management of banking crises. What emerges is a changing picture of regulations and institutions, of goals, tools and opinions, public and private, European and national all involved in the task. The book focuses on the new framework for banking crisis management, starting from the foundations of banking regulation and supervision. It explores the institutional architecture of banking supervision and crisis management, the powers of the authorities, the tools for administrative actions, the complexities of business and bankruptcy laws, individual rights and their legal guarantees.

Banks and banking --- Banking law --- Financial crises --- Banking --- Finance --- Business & Economics --- State supervision --- Prevention --- Prevention. --- Crashes, Financial --- Crises, Financial --- Financial crashes --- Financial panics --- Panics (Finance) --- Stock exchange crashes --- Stock market panics --- Agricultural banks --- Banking industry --- Commercial banks --- Depository institutions --- Crises --- Financial institutions --- Money --- Banks and banking. --- Commercial law. --- Economics. --- Banking. --- Commercial Law. --- Consulting, Supervision and Coaching. --- Economics, general. --- Economic theory --- Political economy --- Social sciences --- Economic man --- Business --- Business law --- Commerce --- Law, Commercial --- Mercantile law --- Law --- Law merchant --- Maritime law --- Law and legislation --- Supervision. --- Counseling. --- Management science. --- Quantitative business analysis --- Management --- Problem solving --- Operations research --- Statistical decision --- Counselling --- Helping behavior --- Psychology, Applied --- Clinical sociology --- Interviewing --- Personal coaching --- Social case work --- Supervisory relationships --- Banks and banking - State supervision - European Union countries --- Banking law - European Union countries --- Banks and banking - European Union countries --- Financial crises - European Union countries - Prevention

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Financial regulation has dramatically evolved and strengthened since the crisis on both sides of the Atlantic, with enhanced international coordination through the G-20 and the Financial Stability Board and, at the regional level, a definite contribution from the European Union. However the new regulatory environment has its critics, with many divergent voices arguing that over-regulation has become a root cause of our current economic stagnation. This book provides a bigger picture view of the impact and future of financial regulation in the EU, exploring the relationship between microeconomic incentives and macroeconomic growth, regulation and financial integration, and the changes required in economic policy to further European integration. Bringing together contributions from law, economics and management science, it offers readers an accessible but rigorous understanding of the current state of play of the regulatory environment, and on the future challenges. Coverage will include: • a review of the recent regulatory changes from a legal and economic perspective • analysis of how the economic model of financial institutions and entities is impacted by the new frameworks • how to improve securitization and new instruments under MIFID II • issues in the enhanced supervision under delegated acts for AIFMD, CRR-CRD IV and Solvency II • how long term funding can be supplied in lieu of the non-conventional monetary policies • a new architecture for a safer and more efficient European financial system Financial Regulation in the EU provides much needed clarity on the impact of new financial regulation and the future of the economy, and will prove a must have reference for all those working in, researching and affected by these changes.

Finance. --- Finance, Public. --- Corporations --- European Economic Community literature. --- Public Finance. --- Corporate Finance. --- Political Economy/Economic Policy. --- European Integration. --- Financial services industry --- Financial institutions --- Banks and banking --- State supervision --- Law and legislation --- Agricultural banks --- Banking --- Banking industry --- Commercial banks --- Depository institutions --- Finance --- Money --- Financial intermediaries --- Lending institutions --- Associations, institutions, etc. --- Services, Financial --- Service industries --- Corporations-Finance. --- Economic policy. --- European Economic Community lite. --- Economic Policy. --- Economic nationalism --- Economic planning --- National planning --- State planning --- Economics --- Planning --- National security --- Social policy --- Cameralistics --- Public finance --- Currency question --- Public finances --- Corporations—Finance. --- Financial services industry - State supervision - European Union countries --- Financial institutions - Law and legislation - European Union countries --- Banks and banking - State supervision - European Union countries --- Monetary policy - European Union countries --- Monetary policy

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

The financial crisis that began in 2007 in the United States swept the world, producing substantial bank failures and forcing unprecedented state aid for the crippled global financial system. Bringing together three leading financial economists to provide an international perspective, Balancing the Banks draws critical lessons from the causes of the crisis and proposes important regulatory reforms, including sound guidelines for the ways in which distressed banks might be dealt with in the future. While some recent policy moves go in the right direction, others, the book argues, are not sufficient to prevent another crisis. The authors show the necessity of an adaptive prudential regulatory system that can better address financial innovation. Stressing the numerous and complex challenges faced by politicians, finance professionals, and regulators, and calling for reinforced international coordination (for example, in the treatment of distressed banks), the authors put forth a number of principles to deal with issues regarding the economic incentives of financial institutions, the impact of economic shocks, and the role of political constraints. Offering a global perspective, Balancing the Banks should be read by anyone concerned with solving the current crisis and preventing another such calamity in the future.

Private finance --- Banks and banking --- Global Financial Crisis, 2008-2009 --- Financial crises --- Government policy --- State supervision --- History --- AA / International- internationaal --- 333.17 --- 333.139.2 --- -Banks and banking --- -Global Financial Crisis, 2008-2009 --- -332.1 --- Crashes, Financial --- Crises, Financial --- Financial crashes --- Financial panics --- Panics (Finance) --- Stock exchange crashes --- Stock market panics --- Crises --- Business cycles --- Global Economic Crisis, 2008-2009 --- Subprime Mortgage Crisis, 2008-2009 --- Agricultural banks --- Banking --- Banking industry --- Commercial banks --- Depository institutions --- Finance --- Financial institutions --- Money --- Crises, saneringen en hervormingen van het bankwezen. --- Bankcontrole en -reglementering. Reglementering van het bankberoep. --- Global Financial Crisis, 2008-2009. --- Government policy. --- State supervision. --- -AA / International- internationaal --- -Private finance --- 332.1 --- Bankcontrole en -reglementering. Reglementering van het bankberoep --- Crises, saneringen en hervormingen van het bankwezen --- E-books --- Basel Accords. --- G20 countries. --- banking industry. --- banking regulation. --- banking sector. --- capital requirements. --- credit-rating agency. --- distressed banks. --- economy. --- financial crises. --- financial crisis. --- financial industry. --- financial innovation. --- financial institution. --- financial policy. --- financial regulation. --- financial system reform. --- global finance. --- international cooperation. --- international financial regime. --- prudential regulation. --- real estate lending. --- regulatory reform. --- state aid. --- subsidies. --- Banks and banking - Government policy --- Banks and banking - State supervision --- Financial crises - History - 21st century