Working Papers in Responsible Banking & Finance Regulatory Change and Capital Adjustment of Cooperative Financial Institutions
نویسندگان
چکیده
We investigate the determinants of US credit union capital-to-assets ratios, before and after the implementation of the current capital adequacy regulatory framework in 2000. Capitalization varies pro-cyclically, and credit unions classified as adequately capitalized or below followed a faster adjustment path than well capitalized credit unions. Credit unions managed their capital more actively following the change in regulation. During the recent financial crisis, large credit unions experienced a smaller reduction in capitalization, on average, than small credit unions. The z-score risk measure was a more reliable predictor of survival or nonsurvival during the crisis than several other financialhealth indicators. WP No 12-003 4th Quarter 2012 Regulatory Change and Capital Adjustment of Cooperative Financial
منابع مشابه
Legal aspects of Shadow Banking
Shadow Banking system, as an investment method, while being an integral part of the supervised banking system, is a rival for banks and governance institutions in financing and oversight. As a result, its development has created a situation for regulated institutions, which leads to concerns about the legal and regulatory responsibilities of the banking and financial system for investment not g...
متن کاملEnhanced Prudential Standards Under Basel Iii: What Consequences For The Profitability Of Banks
Since the subprime financial crisis, international financial regulatory institutions (Basel, MIFID, Dodd-Frank), have strengthened regulatory requirements on systemically important banks. The Basel Committee on Banking Supervision, and based on the G20 recommendations, has drawn up a reform program to reconfigure the banking system, based mainly on increasing the capital requirement. The progra...
متن کاملبررسی نقش صندوق تعاون کشور و نظام بانکی در تأمین مالی شرکتهای تعاونیتولیدی
The purpose of the study is a comparative review of the role played by the country's cooperation fund from one hand, and the banking system from the other hand in financing manufacturing cooperative firms for their foundation and opening-up expenditures, and to finance their working capital and development plans. providing employment opportunities in cooperation sector, is among the legitimate ...
متن کاملConceptual Model of Islamic Commercial Paper for Banks and Credit Institutions on the Basis of Murabaha Sukuk
Financial instruments are one of the fundamental dimensions of financial markets that guarantee their efficiency and effectiveness of these markets. These instruments playe a main role in economy to direct money from saving sources to investment needs. These instruments provide possibility of financing companies from public and private sources and also are considered as investment instruments f...
متن کاملThe Impact of Regulatory Policies on Volatility under Prudential Framework
Utilizing finance conceptual framework, this paper applies a Frontier-Volatility analysis to illuminate regulatory policies effects on volatility under Iranian Banking Prudential Framework over the period 2003 to 2015 using the raw database collected, classified and compiled by the Rahavard Novin Co. version 3, Securities and Stock Exchange Organization. Findings portray that volatility is affe...
متن کامل