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Towards Achieving Financial Stability

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  • Reserve Bank of Fiji
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    Abstract

    One of the main responsibilities of central banks is to ensure financial stability. In recents years, the task is even more challenging with liberalisation and increasing integration with global markets. In this respect, the SEACEN countries have learnt their lessons well by placing financial system stability as top priority and making concerted efforts to develop a more robust financial infrastructure. Prudential regulation has also been strengthened. Many countries plan to adopt the new capital accord - Basel II - to ensure a sound capital framework that measures risks adequately and allocates adequate capital to cover risks. Meanwhile, several countries have adopted a master plan to restructure and develop a strong financial sector.

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    File URL: http://www.seacen.org/GUI/pdf/publications/occasional/2005/OP43.pdf
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    Bibliographic Info

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    This book is provided by South East Asian Central Banks (SEACEN) Research and Training Centre in its series Occasional Papers with number occ43 and published in 2005.

    ISBN: 983-9478-48-6
    Handle: RePEc:sea:opaper:occ43

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    Postal: Level 5, Sasana Kijang, Bank Negara Malaysia, 2 Jalan Dato? Onn, 50480 Kuala Lumpur
    Phone: 603-9195 1888
    Fax: 603-9195 1801
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    Web page: http://edirc.repec.org/data/seacemy.html
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