Publication:
Bank Regulation and Supervision around the World : A Crisis Update

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dc.contributor.authorČihák, Martin
dc.contributor.authorDemirgüç-Kunt, Aslı
dc.contributor.authorPería, María Soledad Martinez
dc.contributor.authorMohseni-Cheraghlou, Amin
dc.date.accessioned2013-01-25T22:11:01Z
dc.date.available2013-01-25T22:11:01Z
dc.date.issued2012-12
dc.description.abstractThis paper presents the latest update of the World Bank Bank Regulation and Supervision Survey, and explores two questions. First, were there significant differences in regulation and supervision between crisis and non-crisis countries? Second, what aspects of regulation and supervision changed significantly during the crisis period? The paper finds significant differences between crisis and non-crisis countries in several aspects of regulation and supervision. In particular, crisis countries (a) had less stringent definitions of capital and lower actual capital ratios, (b) faced fewer restrictions on non-bank activities, (c) were less strict in the regulatory treatment of bad loans and loan losses, and (d) had weaker incentives for the private sector to monitor banks' risks. Survey results also suggest that the overall regulatory response to the crisis has been slow, and there is room to improve regulation and supervision, as well as private incentives to monitor risk-taking. Specifically, comparing regulatory and supervisory practices before and after the global crisis, the paper finds relatively few changes: capital ratios increased (primarily among non-crisis countries), deposit insurance schemes became more generous, and some reforms were introduced in the area of bank governance and bank resolution.en
dc.identifierhttp://documents.worldbank.org/curated/en/2012/12/17039335/bank-regulation-supervision-around-world-crisis-update
dc.identifier.doi10.1596/1813-9450-6286
dc.identifier.urihttps://hdl.handle.net/10986/12159
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper; No. 6286
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCOUNTING
dc.subjectACCOUNTING PRACTICES
dc.subjectACCOUNTING STANDARDS
dc.subjectADVANCED COUNTRIES
dc.subjectADVANCED ECONOMIES
dc.subjectAFFILIATES
dc.subjectASSET CLASSIFICATION
dc.subjectASSET DIVERSIFICATION
dc.subjectASSET SALES
dc.subjectAUDITING
dc.subjectAUDITS
dc.subjectBALANCE SHEET
dc.subjectBALANCE SHEETS
dc.subjectBANK ACTIVITIES
dc.subjectBANK BRANCHES
dc.subjectBANK CAPITALIZATION
dc.subjectBANK DEBT
dc.subjectBANK DEBTS
dc.subjectBANK EXAMINATION
dc.subjectBANK HOLDING
dc.subjectBANK HOLDING COMPANIES
dc.subjectBANK INSOLVENCY
dc.subjectBANK INSOLVENCY FRAMEWORK
dc.subjectBANK MANAGEMENT
dc.subjectBANK OFFICE
dc.subjectBANK OPERATIONS
dc.subjectBANK REGULATION
dc.subjectBANK REGULATIONS
dc.subjectBANK RISKS
dc.subjectBANK SUPERVISION
dc.subjectBANKING CRISES
dc.subjectBANKING CRISIS
dc.subjectBANKING SECTOR
dc.subjectBANKING SUPERVISION
dc.subjectBANKING SYSTEM
dc.subjectBANKING SYSTEM ASSETS
dc.subjectBANKRUPTCY
dc.subjectBANKS
dc.subjectBONDS
dc.subjectBORROWER
dc.subjectBUSINESS STRATEGY
dc.subjectCAPITAL ADEQUACY
dc.subjectCAPITAL RATIO
dc.subjectCAPITAL RATIOS
dc.subjectCAPITAL REGULATION
dc.subjectCAPITAL REQUIREMENT
dc.subjectCAPITAL REQUIREMENTS
dc.subjectCENTRAL BANK
dc.subjectCENTRAL BANKS
dc.subjectCOMMERCIAL BANK
dc.subjectCOMMERCIAL BANKS
dc.subjectCOMMERCIAL PAPER
dc.subjectCONFLICT OF INTEREST
dc.subjectCONSOLIDATED SUPERVISION
dc.subjectCONSOLIDATION
dc.subjectCONSUMER LENDING
dc.subjectCONSUMER PROTECTION
dc.subjectCREDIT MARKETS
dc.subjectCREDIT RATING
dc.subjectCREDIT RATINGS
dc.subjectCREDIT RISK
dc.subjectCRISIS COUNTRIES
dc.subjectDEBT
dc.subjectDEBT CAPITAL
dc.subjectDEBT INSTRUMENTS
dc.subjectDEBTS
dc.subjectDEDUCTIBLE
dc.subjectDEPOSIT
dc.subjectDEPOSIT INSURANCE
dc.subjectDEPOSIT INSURANCE AGENCY
dc.subjectDEPOSIT INSURANCE COVERAGE
dc.subjectDEPOSIT INSURANCE SCHEME
dc.subjectDEPOSIT INSURANCE SCHEMES
dc.subjectDEPOSIT PROTECTION
dc.subjectDEPOSITOR
dc.subjectDEPOSITORS
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPING ECONOMIES
dc.subjectDISBURSEMENT
dc.subjectDISCLOSURE REQUIREMENTS
dc.subjectDIVIDENDS
dc.subjectDOMESTIC BANK
dc.subjectDOMESTIC BANKS
dc.subjectECONOMIC POLICY
dc.subjectEDUCATIONAL BACKGROUND
dc.subjectEMERGING MARKETS
dc.subjectENFORCEMENT POWERS
dc.subjectENTRY REQUIREMENTS
dc.subjectEQUALITY
dc.subjectEQUITY CAPITAL
dc.subjectEQUITY INVESTMENT
dc.subjectEXPLICIT DEPOSIT INSURANCE
dc.subjectEXPOSURE
dc.subjectEXPOSURES
dc.subjectEXTERNAL AUDITORS
dc.subjectEXTERNAL CREDIT RATINGS
dc.subjectFAILURE RESOLUTION
dc.subjectFINANCIAL ACCOUNTS
dc.subjectFINANCIAL CAPACITY
dc.subjectFINANCIAL CONGLOMERATE
dc.subjectFINANCIAL CONGLOMERATES
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL INFORMATION
dc.subjectFINANCIAL INSTITUTION
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL INTERMEDIATION
dc.subjectFINANCIAL MARKET
dc.subjectFINANCIAL POLICIES
dc.subjectFINANCIAL REGULATION
dc.subjectFINANCIAL SECTORS
dc.subjectFINANCIAL SERVICES
dc.subjectFINANCIAL STABILITY
dc.subjectFINANCIAL STATEMENTS
dc.subjectFINANCIAL SYSTEM
dc.subjectFOREIGN BANK
dc.subjectFOREIGN BANKS
dc.subjectFOREIGN BORROWERS
dc.subjectFOREIGN CURRENCIES
dc.subjectFOREIGN CURRENCY
dc.subjectFOREIGN CURRENCY DEPOSITS
dc.subjectFUNDING SOURCES
dc.subjectGLOBAL ECONOMICS
dc.subjectGOOD FAITH
dc.subjectGOVERNMENT INTERVENTION
dc.subjectGOVERNMENT OWNERSHIP
dc.subjectGOVERNMENT OWNERSHIP OF BANKS
dc.subjectGOVERNMENT SECURITIES
dc.subjectGOVERNMENT SUPPORT
dc.subjectGUARANTEE OF DEPOSITS
dc.subjectHOLDING
dc.subjectHOLDING COMPANIES
dc.subjectHOLDING COMPANY
dc.subjectINCOME
dc.subjectINCOME CATEGORIES
dc.subjectINCOME GROUPS
dc.subjectINCOME STATEMENT
dc.subjectINDIVIDUAL BANKS
dc.subjectINFORMATION DISCLOSURE
dc.subjectINSURANCE ACTIVITIES
dc.subjectINSURANCE AGENCY
dc.subjectINSURANCE COMPANY
dc.subjectINSURANCE PROTECTION
dc.subjectINSURED DEPOSITS
dc.subjectINTERNAL CONTROLS
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL DEVELOPMENT
dc.subjectINVESTMENT BANKING
dc.subjectISSUANCE
dc.subjectISSUANCE OF BONDS
dc.subjectJOINT VENTURE
dc.subjectJOINT VENTURES
dc.subjectJURISDICTION
dc.subjectJURISDICTIONS
dc.subjectLAWS
dc.subjectLEGAL ACTION
dc.subjectLEGAL ACTIONS
dc.subjectLEGAL AUTHORITY
dc.subjectLEGAL PROTECTION
dc.subjectLEGISLATION
dc.subjectLEVERAGE
dc.subjectLIQUID ASSETS
dc.subjectLIQUIDATION
dc.subjectLIQUIDATION PROCEDURES
dc.subjectLIQUIDITY
dc.subjectLIQUIDITY MANAGEMENT
dc.subjectLOAN
dc.subjectLOAN LOSSES
dc.subjectMANDATES
dc.subjectMARKET ACCESS
dc.subjectMATURITY
dc.subjectNON-PERFORMING LOANS
dc.subjectOUTPUT
dc.subjectPRINCIPAL PAYMENTS
dc.subjectPRIVATE SECTOR DEVELOPMENT
dc.subjectPRUDENTIAL REGULATION
dc.subjectPUBLIC DISCLOSURE
dc.subjectREAL ESTATE
dc.subjectREGULATOR
dc.subjectREGULATORS
dc.subjectREGULATORY CAPITAL
dc.subjectREGULATORY FRAMEWORK
dc.subjectREGULATORY FRAMEWORKS
dc.subjectREGULATORY REQUIREMENT
dc.subjectREGULATORY REQUIREMENTS
dc.subjectREGULATORY TREATMENT
dc.subjectRESERVE
dc.subjectRESERVE REQUIREMENTS
dc.subjectRESERVES
dc.subjectRESTORATION
dc.subjectRESTORATION PLAN
dc.subjectRESTRICTIONS ON BANK ACTIVITIES
dc.subjectRISK MANAGEMENT
dc.subjectRISK MANAGEMENT SYSTEMS
dc.subjectRISK PROFILE
dc.subjectSAVINGS
dc.subjectSECURITIES ACTIVITIES
dc.subjectSHARE OF ASSETS
dc.subjectSHAREHOLDER
dc.subjectSHAREHOLDERS
dc.subjectSOURCE OF FUNDS
dc.subjectSUBSIDIARIES
dc.subjectSUBSIDIARY
dc.subjectSUPERVISION OF BANKS
dc.subjectSUPERVISORY AGENCIES
dc.subjectSUPERVISORY AGENCY
dc.subjectSUPERVISORY FRAMEWORK
dc.subjectSUPERVISORY POWERS
dc.subjectSYSTEMIC BANKING CRISES
dc.subjectSYSTEMIC BANKING CRISIS
dc.subjectSYSTEMIC CRISIS
dc.subjectTAX
dc.subjectTAX DEDUCTIBLE
dc.subjectTIER 1 CAPITAL
dc.subjectTRANSACTION
dc.subjectWORLD ECONOMY
dc.titleBank Regulation and Supervision around the World : A Crisis Updateen
dspace.entity.typePublication
okr.crossref.titleBank Regulation and Supervision around the World: A Crisis Update
okr.date.disclosure2012-12
okr.date.doiregistration2025-04-10T12:13:18.590684Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2012/12/17039335/bank-regulation-supervision-around-world-crisis-update
okr.globalpracticeFinance and Markets
okr.globalpracticeTrade and Competitiveness
okr.guid279091468168248726
okr.identifier.doi10.1596/1813-9450-6286
okr.identifier.externaldocumentum000158349_20121205130523
okr.identifier.internaldocumentum17039335
okr.identifier.reportWPS6286
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2012/12/05/000158349_20121205130523/Rendered/PDF/wps6286.pdfen
okr.sectorFinance :: General finance sector
okr.topicBanks and Banking Reform
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicPrivate Sector Development::Emerging Markets
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicFinance and Financial Sector Development::Bankruptcy and Resolution of Financial Distress
okr.volume1 of 1
relation.isAuthorOfPublication234a20c0-893c-561a-8c90-6f5be5be5b9b
relation.isAuthorOfPublication.latestForDiscovery234a20c0-893c-561a-8c90-6f5be5be5b9b
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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