|
TC note discusses how emerging markets can approach the implementation of post-crisis and other regulatory reforms
Toronto Centre Note discusses how emerging markets can approach implementation of recent regulatory reforms. Considers the challenges for supervisors stemming from more wide-ranging, robust and complex regulatory requirements, provides an overview of emerging risks and supervisory responses, and discusses the importance of supervisory cooperation. Identifies key challenges as: i) proportionate implementation of reforms; ii) tailoring regulation and supervision to emerging market economies; iii) maintaining a focus on fundamental issues such as credit and insurance underwriting risks; and iv) assessing emerging risks such as those arising from FinTech and cyber security.
Publisher:
Toronto Centre
Release date:
Jul 2018
Type:
TC Notes
Topics:
Systemically important financial institutions (SIFIs), Cross-border cooperation, Risk-based supervision, Supervisory framework, FinTech
Sectors:
Banking, Insurance, Microfinance, Microinsurance, Pensions, Securities
|
