Franklin

The modernization of bank supervision [electronic resource] / Christian Larraín P.

Author/Creator:
Larraín P, Christian, author.
Publication:
New York : United Nations, 1994.
Format/Description:
Government document
Book
1 online resource (13 pages)
Local subjects:
Economic and Social Development. (search)
System Details:
data file
Summary:
This article analyses the main challenges involved in modernizing bank supervision in the light of recent banking crises and the changes currently taking place in the financial system at the international level. Within a highly dynamic environment -rapid technological development in the field of informatics, stiff competition within the capital market as a result of liberalization, the increasingly prominent roles being assumed by financial conglomerates in an effort to achieve economies of scope, and the high degree of volatility of the main economic variables, which sharply increases the level of financial risk- the supervision of the banking system needs to be flexible in order to permit financial institutions to take advantage of opportunities for increasing their profitability and efficiency.
Notes:
Title from title screen (viewed May 1, 2017).
Contained In:
CEPAL Review Vol. 1994, no. 54, p. 97-109
Access Restriction:
Restricted for use by site license.
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