Terrorism and financial supervision

Preventing Terrorism by Combating Financial Resources

Terrorism is an offensive action which violates human rights and always invades to people’s rights. Given the high incidence of this type of global action and the widespread violations of human rights and peace and security, countering terrorism will be important. The existence of financial resources is an essential element of terrorism and Preemptive measures and their success in blocking fina...

Financial Supervision in the 21 st Century

FIRST MEETING OF THE FINANCIAL SECTOR REGIONAL FORUM INSTITUTIONAL STRUCTURE OF FINANCIAL REGULATION AND SUPERVISION The Rationale for Integrating Financial Supervision in Latin America and the Caribbean

This paper analyzes the pros and cons of both the integrated and the specialized approaches to financial supervision. The theoretical arguments are discussed considering some recent experiences around the world and having the Latin American and the Caribbean context as a frame. Based on the analysis of the efficacy and the efficiency of each approach to fulfill the main objectives of financial ...

Financial liberalization, prudential supervision, and the onset of banking crises

We examine what is perceived as one of the main culprits in the occurrence of banking crises: financial liberalization. As is typically argued, if liberalization is accompanied by insufficient prudential supervision of the banking sector, it will result in excessive risk taking by financial intermediaries and a subsequent crisis. Having evaluated the empirical validity of this hypothesis, we co...

Regulatory Capital and the Supervision of Financial Institutions:

The views expressed in this paper are those of the author and do not necessarily represent those of the Federal Reserve Bank of New York or the Federal Reserve System. 1 1. Introduction Discussion of regulatory capital for banks and other financial intermediaries has tended to focus on very detailed issues, as opposed to the general lay of the land. For instance, regulators have tended to conce...