Policy Papers

Financial Sector Regulation - Issues and Gaps

Publication Date:

August 4, 2004

Electronic Access:

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Summary:

This paper addresses issues in financial sector regulation from two perspectives. First, it reports on the state of implementation of financial regulatory standards across banking, insurance, and securities sectors in a select group of Fund member countries. Second, it raises issues relating to the design of these three sector standards, arising from the implementation experience and the evolving structure of financial systems. In this regard, the paper identifies a few emerging regulatory risks and some cross-sectoral issues that may warrant further guidance by standard setters.

Series:

Policy Papers

Subject:

Bank regulations Financial sector Financial Stability Forum Fund role Public information