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Financial system structure in Colombia : a proposal for a reform agenda

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Author Info
De la Cruz, Javier
Stephanou, Constantinos
Abstract

The objective of this policy paper is to identify and propose high-level legal and regulatory reforms to Colombia's financial system structure that would enhance efficiency and/or mitigate risks. Five specific and four general reforms are proposed and evaluated based on their compatibility with the aforementioned objectives, ease of implementation, impact, and consistency with international practice. Potential implications for supervision and competition, as well as likely criteria for developing a carefully sequenced reform roadmap, are also highlighted.

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Paper provided by The World Bank in its series Policy Research Working Paper Series with number 4006.

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Date of creation: 01 Sep 2006
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Handle: RePEc:wbk:wbrwps:4006

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Related research
Keywords: Banks&Banking Reform; Financial Intermediation; Corporate Law; Non Bank Financial Institutions; Financial Crisis Management&Restructuring;

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  1. Stephanou, Constantinos, 2005. "Supervision of financial conglomerates : the case of Chile," Policy Research Working Paper Series 3553, The World Bank. [Downloadable!]
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