This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

Improving Bankin Supervision

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
Mayes, D.G.

Additional information is available for the following registered author(s):

Abstract

This paper explains how banking supervision within the EU, and in Finland in particular, can be improved by the implementation of greater market discipline and related changes. Although existing EU law, institutions, market structures and practices of corporate governance restrict the scope for change, substantial improvements can be introduced now while there is a window of opportunity for change. The economy is growing strongly and the consequences of the banking crises of the early 1990s have been worked through. Greater market discipline, in the form of a regime of quarterly public disclosure by banks of their capital adequacy, peak exposures and risk management systems, along with improved incentives, will help improve the prudential management of banks, reduce the costs of supervision, enable supervisors to focus on systemic risks and help customers determine the risks they face. Banking inherently involves the taking of risks, but transparency and improved public information about them will help all concerned manage the risks more effectively and greatly reduce the chance that the taxpayer will again be called upon to help rescue the banking system.

Download Info
To our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.

Publisher Info
Paper provided by Bank of Finland. Research Department. in its series Bank of Finland - Studies in Economics and Finance with number 23/98.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length: 41 pages
Date of creation: 1998
Date of revision:
Handle: RePEc:fth:bfsefi:23/98

Contact details of provider:
Postal: Bank of Finland. Research Department. P.O. Box 160, FIN-00101, Helsinki, Finland.
Web page: http://www.bof.fi/
More information through EDIRC

For technical questions regarding this item, or to correct its listing, contact: (Thomas Krichel).

Related research
Keywords: BANKING ; FINANCIAL SYSTEM;

Other versions of this item:

Find related papers by JEL classification:
G20 - Financial Economics - - Financial Institutions and Services - - - General
G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Mortgages

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Mayes, D.G., 1998. "Evolving Voluntary Rules for the Operation of European Central Bank," Bank of Finland - Studies in Economics and Finance 2/98, Bank of Finland. Research Department..
  2. Mayes, D.G., 1998. "Improving Bankin Supervision," Bank of Finland - Studies in Economics and Finance 23/98, Bank of Finland. Research Department..
    Other versions:
Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Hyytinen, Ari & Takalo, Tuomas, 2003. "Preventing systemic crises through bank transparency," Research Discussion Papers 25/2003, Bank of Finland. [Downloadable!]
    Other versions:
  2. Mayes, David G., 1998. "Improving Banking Supervision," Research Discussion Papers 23/1998, Bank of Finland. [Downloadable!]
    Other versions:
  3. Ripatti, Antti & Saikkonen, Pentti, 1998. "Cointegrated Vector Autoregressive Processes with Continuous Structural Changes," Research Discussion Papers 29/1998, Bank of Finland. [Downloadable!]
  4. David G. Mayes, 2004. "An approach to bank insolvency in transition and emerging economies," Finance 0404015, EconWPA. [Downloadable!]
    Other versions:
  5. Glenn Hoggarth & Jack Reidhill & Peter Sinclair, . "On the resolution of banking crises: theory and evidence," Bank of England working papers 229, Bank of England. [Downloadable!]
  6. Mayes , David G. & Virén , Matti, 2004. "Asymmetries in the Euro area economy," Research Discussion Papers 9/2004, Bank of Finland. [Downloadable!]
    Other versions:
  7. Ari Hyytinen & Tuomas Takalo, 2002. "Enchancing Bank Transparency : A Re-assessment," Discussion Papers 828, The Research Institute of the Finnish Economy. [Downloadable!]
    Other versions:
  8. David G. Mayes & María J. Nieto & Larry Wall, 2008. "Multiple safety net regulators and agency problems in the EU: Is Prompt Corrective Action partly the solution?," Banco de España Working Papers 0819, Banco de España. [Downloadable!]
    Other versions:
  9. Singh, Rupinder, 2000. "Bank Regulation, Compliance and Enforcement," BOFIT Discussion Papers 2/2000, Bank of Finland, Institute for Economies in Transition. [Downloadable!]
  10. Mälkönen , Ville, 2004. "Capital adequacy regulation and financial conglomerates," Research Discussion Papers 10/2004, Bank of Finland. [Downloadable!]
  11. Kadri Männasoo & David G Mayes, 2005. "Investigating the Early Signals of Banking Sector Vulnerabilities in Central and East European Emerging Markets," Bank of Estonia Working Papers 2005-08, Bank of Estonia, revised 10 Oct 2005. [Downloadable!]
  12. Franz R. Hahn, . "Macroprudential Financial Regulation and Monetary Policy," WIFO Working Papers 154, WIFO. [Downloadable!]
Statistics
Access and download statistics

Did you know? IDEAS also covers the most complete directory of Economics departments and institutes, EDIRC.

This page was last updated on 2009-12-16.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.