Organizing Central Securities Depositories in Developing Markets—7 Considerations

Download Organizing Central Securities Depositories in Developing Markets—7 Considerations PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 148434846X
Total Pages : 40 pages
Book Rating : 4.4/5 (843 download)

DOWNLOAD NOW!


Book Synopsis Organizing Central Securities Depositories in Developing Markets—7 Considerations by : Froukelien Wendt

Download or read book Organizing Central Securities Depositories in Developing Markets—7 Considerations written by Froukelien Wendt and published by International Monetary Fund. This book was released on 2018-03-20 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Central securities depositories (CSDs) are systemically important entities that are critical for effective implementation of monetary policy, the credibility of a government’s debt management program, collateral management, and safe and efficient securities markets. Authorities in developing markets, in particular central banks, may grapple with the following issues: i) whether to pursue a single CSD for all types of securities to increase market efficiencies and benefit from economies of scale; and ii) whether to partake in the governance of the CSD as owner and/or operator. This paper develops seven considerations that authorities may take into account in addressing these issues and finding the best model for their country. These may point to different solutions for different countries, depending in part on the size of markets, strength of private operators and level of market development.

How to Organize Central Securities Depositories in Developing Markets

Download How to Organize Central Securities Depositories in Developing Markets PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1484397312
Total Pages : 27 pages
Book Rating : 4.4/5 (843 download)

DOWNLOAD NOW!


Book Synopsis How to Organize Central Securities Depositories in Developing Markets by : Ms.Froukelien Wendt

Download or read book How to Organize Central Securities Depositories in Developing Markets written by Ms.Froukelien Wendt and published by International Monetary Fund. This book was released on 2019-02-04 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: The key objective of this note is to support authorities in their decision making about the optimal organization of central securities depositories (CSDs) in their country. For the purpose of this note, a CSD is defined as an entity that provides securities accounts, a securities settlement system, and central safekeeping services to market participants, which can be banks and other financial institutions. Authorities in developing markets, in particular central banks, may grapple with two questions: (1) whether to pursue a single CSD to increase market efficiencies and benefit from economies of scale and scope and (2) whether to partake in the governance of the CSD as owner or operator. This note presents seven considerations for authorities to take into account when answering these questions and determining the best model for their country.

How to Organize Central Securities Depositories in Developing Markets

Download How to Organize Central Securities Depositories in Developing Markets PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1484397436
Total Pages : 27 pages
Book Rating : 4.4/5 (843 download)

DOWNLOAD NOW!


Book Synopsis How to Organize Central Securities Depositories in Developing Markets by : Ms.Froukelien Wendt

Download or read book How to Organize Central Securities Depositories in Developing Markets written by Ms.Froukelien Wendt and published by International Monetary Fund. This book was released on 2019-02-04 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: The key objective of this note is to support authorities in their decision making about the optimal organization of central securities depositories (CSDs) in their country. For the purpose of this note, a CSD is defined as an entity that provides securities accounts, a securities settlement system, and central safekeeping services to market participants, which can be banks and other financial institutions. Authorities in developing markets, in particular central banks, may grapple with two questions: (1) whether to pursue a single CSD to increase market efficiencies and benefit from economies of scale and scope and (2) whether to partake in the governance of the CSD as owner or operator. This note presents seven considerations for authorities to take into account when answering these questions and determining the best model for their country.

The Microstructure of Government Securities Markets

Download The Microstructure of Government Securities Markets PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 106 pages
Book Rating : 4.:/5 (318 download)

DOWNLOAD NOW!


Book Synopsis The Microstructure of Government Securities Markets by : Mr.Peter Dattels

Download or read book The Microstructure of Government Securities Markets written by Mr.Peter Dattels and published by International Monetary Fund. This book was released on 1995-11 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper applies the “market microstructure” literature to the specific features of government securities markets and draws implications for the strategy to develop government securities markets. It argues for an active role of the authorities in fostering the development of efficient market structures.

Guidance Note For Developing Government Local Currency Bond Markets

Download Guidance Note For Developing Government Local Currency Bond Markets PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1513573926
Total Pages : 157 pages
Book Rating : 4.5/5 (135 download)

DOWNLOAD NOW!


Book Synopsis Guidance Note For Developing Government Local Currency Bond Markets by : International Monetary Fund

Download or read book Guidance Note For Developing Government Local Currency Bond Markets written by International Monetary Fund and published by International Monetary Fund. This book was released on 2021-03-12 with total page 157 pages. Available in PDF, EPUB and Kindle. Book excerpt: This guidance note was prepared by International Monetary Fund (IMF) and World Bank Group staff under a project undertaken with the support of grants from the Financial Sector Reform and Strengthening Initiative, (FIRST).The aim of the project was to deliver a report that provides emerging market and developing economies with guidance and a roadmap in developing their local currency bond markets (LCBMs). This note will also inform technical assistance missions in advising authorities on the formulation of policies to deepen LCBMs.

Good Practices for Developing a Local Currency Bond Market

Download Good Practices for Developing a Local Currency Bond Market PDF Online Free

Author :
Publisher : Asian Development Bank
ISBN 13 : 9292616110
Total Pages : 350 pages
Book Rating : 4.2/5 (926 download)

DOWNLOAD NOW!


Book Synopsis Good Practices for Developing a Local Currency Bond Market by : Asian Development Bank

Download or read book Good Practices for Developing a Local Currency Bond Market written by Asian Development Bank and published by Asian Development Bank. This book was released on 2019-05-01 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: Local currency bond markets in ASEAN+3 play an important role in diversifying financial intermediary channels and mitigating the impacts of financial crises. They also have the potential to help mobilize developing Asia's significant savings to meet the region's enormous infrastructure investment needs. Drawing extensively on knowledge generated by the ASEAN+3 Bond Market Forum, the publication looks at the essential building blocks and the enabling environment for these markets, as well as the roles of government, relevant authorities, and market participants.

Clearing and Settlement

Download Clearing and Settlement PDF Online Free

Author :
Publisher : Bloomsbury Publishing
ISBN 13 : 1526514974
Total Pages : 900 pages
Book Rating : 4.5/5 (265 download)

DOWNLOAD NOW!


Book Synopsis Clearing and Settlement by : Dermot Turing

Download or read book Clearing and Settlement written by Dermot Turing and published by Bloomsbury Publishing. This book was released on 2021-02-12 with total page 900 pages. Available in PDF, EPUB and Kindle. Book excerpt: The post-trading industry is one in which financial firms make money and one in which risk issues need careful management. Reliable payment, clearing and settlement structures are perceived to be essential to enable financial firms to withstand shocks. A great deal of the cost of trading and cross-border investment is attributed to the very complex process of clearing and settlement. This book describes and explains: 1. what happens in clearing and settlement, and the roles of (and risks assumed by) the various participants in the post-trade marketplace 2. the law applicable to infrastructures, how they are are regulated, and the other topographical features of their legal landscape 3. the legal and practical aspects of risk management and operations of infrastructures 4. the risks faced by participants in payment, clearing and settlement systems - the agent banks - along with practical and operational issues which they face in their roles. Fully revised, updates for the 3rd edition include: - Implications and impact of Brexit - CPMI and IOSCO paper on central counterparty default (CCP) management auctions - cyber-security and the resilience of financial market infrastructures (FMIs) and the wider market ecosystem.

The Handbook of Global Shadow Banking, Volume II

Download The Handbook of Global Shadow Banking, Volume II PDF Online Free

Author :
Publisher : Springer Nature
ISBN 13 : 3030348172
Total Pages : 759 pages
Book Rating : 4.0/5 (33 download)

DOWNLOAD NOW!


Book Synopsis The Handbook of Global Shadow Banking, Volume II by : Luc Nijs

Download or read book The Handbook of Global Shadow Banking, Volume II written by Luc Nijs and published by Springer Nature. This book was released on 2020-06-30 with total page 759 pages. Available in PDF, EPUB and Kindle. Book excerpt: This global handbook provides an up-to-date and comprehensive overview of shadow banking, or market-based finance as it has been recently coined. Engaging in financial intermediary services outside of normal regulatory parameters, the shadow banking sector was arguably a critical factor in causing the 2007-2009 financial crisis. This second volume explores three particular domains of shadow banking. The first domain deals with the macro-economic fundamentals of the respective shadow banking segments: Why do they exist, what problems do they solve and why are some of their embedded risks so persistent? The second domain captures the global dimensions of shadow banking markets, reviewing the particularities and specifics of various shadow banking systems around the world. Volume II concludes with an extensive overview of how the sector has changed since the financial crisis, focusing on regulatory arbitrage, contract imperfection and governance. Closing on unresolved issues and open-ended questions that will no doubt remain prominent in the shadow banking sector for years to come, this handbook is a must-read for professionals and policy-makers within the banking sector, as well as those researching economics and finance.

Private Capital Flows to Developing Countries

Download Private Capital Flows to Developing Countries PDF Online Free

Author :
Publisher : World Bank Publications
ISBN 13 : 9780195211160
Total Pages : 432 pages
Book Rating : 4.2/5 (111 download)

DOWNLOAD NOW!


Book Synopsis Private Capital Flows to Developing Countries by :

Download or read book Private Capital Flows to Developing Countries written by and published by World Bank Publications. This book was released on 1997 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyzes the process of international financial integration and the structural forces driving private capital to developing countries. Against this background, it details the potential benefits of integration and the implications of fast-moving global capital flows for emerging economics. Examining the experience of countries that have attracted substantial private capital flows, the book provides invaluable guidance as to what works and what doesn't during the transition to financial integration. It will be of compelling interest to policymakers and also to international investors and bankers, financial analysts, and researchers.

Fintech and Financial Services

Download Fintech and Financial Services PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1484303776
Total Pages : 49 pages
Book Rating : 4.4/5 (843 download)

DOWNLOAD NOW!


Book Synopsis Fintech and Financial Services by : Mr.Dong He

Download or read book Fintech and Financial Services written by Mr.Dong He and published by International Monetary Fund. This book was released on 2017-06-19 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new wave of technological innovations, often called “fintech,” is accelerating change in the financial sector. What impact might fintech have on financial services, and how should regulation respond? This paper sets out an economic framework for thinking through the channels by which fintech might provide solutions that respond to consumer needs for trust, security, privacy, and better services, change the competitive landscape, and affect regulation. It combines a broad discussion of trends across financial services with a focus on cross-border payments and especially the impact of distributed ledger technology. Overall, the paper finds that boundaries among different types of service providers are blurring; barriers to entry are changing; and improvements in cross-border payments are likely. It argues that regulatory authorities need to balance carefully efficiency and stability trade-offs in the face of rapid changes, and ensure that trust is maintained in an evolving financial system. It also highlights the importance of international cooperation.

The Federal Reserve System Purposes and Functions

Download The Federal Reserve System Purposes and Functions PDF Online Free

Author :
Publisher :
ISBN 13 : 9780894991967
Total Pages : 0 pages
Book Rating : 4.9/5 (919 download)

DOWNLOAD NOW!


Book Synopsis The Federal Reserve System Purposes and Functions by : Board of Governors of the Federal Reserve System

Download or read book The Federal Reserve System Purposes and Functions written by Board of Governors of the Federal Reserve System and published by . This book was released on 2002 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the international sphere, supervision and regulation, consumer and community affairs and services offered by Reserve Banks. Contains several appendixes, including a brief explanation of Federal Reserve regulations, a glossary of terms, and a list of additional publications.

Securitization in India

Download Securitization in India PDF Online Free

Author :
Publisher : Asian Development Bank
ISBN 13 : 9292579843
Total Pages : 130 pages
Book Rating : 4.2/5 (925 download)

DOWNLOAD NOW!


Book Synopsis Securitization in India by : Jennifer Romero-Torres

Download or read book Securitization in India written by Jennifer Romero-Torres and published by Asian Development Bank. This book was released on 2017-11-01 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: India needs to spend close to Rs43 trillion (about $646 billion) on infrastructure through to 2022. Such a staggering requirement cannot be met though traditional sources such as public sector bank loans. India must immediately explore and quickly ramp up financing from alternative investment sources. This report provides an overview of infrastructure financing in India, sheds light on the challenges faced by the country's banking sector, suggests an optimal mechanism for securitizing the infrastructure assets of public sector banks, and outlines a range of scenarios and factors that must be in place for this mechanism to be successfully realized.

Recommendations for Central Counterparties

Download Recommendations for Central Counterparties PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 80 pages
Book Rating : 4.3/5 ( download)

DOWNLOAD NOW!


Book Synopsis Recommendations for Central Counterparties by : Group of Ten. Committee on Payment and Settlement Systems

Download or read book Recommendations for Central Counterparties written by Group of Ten. Committee on Payment and Settlement Systems and published by . This book was released on 2004 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Development of Local Capital Markets

Download The Development of Local Capital Markets PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1498372201
Total Pages : 25 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!


Book Synopsis The Development of Local Capital Markets by : Mr.Luc Laeven

Download or read book The Development of Local Capital Markets written by Mr.Luc Laeven and published by International Monetary Fund. This book was released on 2014-12-19 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: Capital markets can improve risk sharing and the efficiency with which capital is allocated to the real economy, boosting economic growth and welfare. However, despite these potential benefits, not all countries have well developed capital markets. Moreover, government-led initiatives to develop local capital markets have had mixed success. This paper reviews the literature on the benefits and costs of developing local capital markets, and describes the challenges faced in the development of such markets. The paper concludes with a set of policy recommendations emerging from this literature.

Cross-border Securities Settlements

Download Cross-border Securities Settlements PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 92 pages
Book Rating : 4.3/5 ( download)

DOWNLOAD NOW!


Book Synopsis Cross-border Securities Settlements by :

Download or read book Cross-border Securities Settlements written by and published by . This book was released on 1995 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Shareholder Rights Directive II

Download The Shareholder Rights Directive II PDF Online Free

Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 1839101237
Total Pages : 344 pages
Book Rating : 4.8/5 (391 download)

DOWNLOAD NOW!


Book Synopsis The Shareholder Rights Directive II by : Hanne S. Birkmose

Download or read book The Shareholder Rights Directive II written by Hanne S. Birkmose and published by Edward Elgar Publishing. This book was released on 2021-04-30 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Commentary is the first comprehensive work to analyse the revised EU Shareholder Rights Directive (SRD II). SRD II sets a new agenda for engaged shareholders and sustainable companies in the EU, sparking a wider debate on the adoption of duties in company and capital markets law. By providing a systematic and thorough framework for analysis, this Commentary evaluates the purpose and aims of SRD II and further enriches the debate on the usefulness of the EU’s drive to encourage long-term shareholder engagement.

The Global Findex Database 2017

Download The Global Findex Database 2017 PDF Online Free

Author :
Publisher : World Bank Publications
ISBN 13 : 1464812683
Total Pages : 148 pages
Book Rating : 4.4/5 (648 download)

DOWNLOAD NOW!


Book Synopsis The Global Findex Database 2017 by : Asli Demirguc-Kunt

Download or read book The Global Findex Database 2017 written by Asli Demirguc-Kunt and published by World Bank Publications. This book was released on 2018-04-19 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2011 the World Bank—with funding from the Bill and Melinda Gates Foundation—launched the Global Findex database, the world's most comprehensive data set on how adults save, borrow, make payments, and manage risk. Drawing on survey data collected in collaboration with Gallup, Inc., the Global Findex database covers more than 140 economies around the world. The initial survey round was followed by a second one in 2014 and by a third in 2017. Compiled using nationally representative surveys of more than 150,000 adults age 15 and above in over 140 economies, The Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution includes updated indicators on access to and use of formal and informal financial services. It has additional data on the use of financial technology (or fintech), including the use of mobile phones and the Internet to conduct financial transactions. The data reveal opportunities to expand access to financial services among people who do not have an account—the unbanked—as well as to promote greater use of digital financial services among those who do have an account. The Global Findex database has become a mainstay of global efforts to promote financial inclusion. In addition to being widely cited by scholars and development practitioners, Global Findex data are used to track progress toward the World Bank goal of Universal Financial Access by 2020 and the United Nations Sustainable Development Goals. The database, the full text of the report, and the underlying country-level data for all figures—along with the questionnaire, the survey methodology, and other relevant materials—are available at www.worldbank.org/globalfindex.