Not exact matches
«The sad experience of the past few years shows that there is ample scope to improve the efficiency and
resilience of the global
financial system.»
It highlighted the
resilience of Canada's
financial system, calling it a model for other countries.
We can take some comfort from the major efforts over the past decade to improve the
resilience of the global
financial system.
The pace of progress, progress in the direction of more openness to capital flows and greater exchange rate flexibility, will depend in part on the pace at which these governments are able to strengthen the
resilience of the domestic
financial system and set in place the broader institutional framework and supervisory regime that are vital for an open economy.
Mr. Poloz: Since that time there has been tremendous investment in the
resilience of the
financial system, a complete new architecture of regulation, much higher capital requirements and a much more resilient global
system.
Ryan C and C Thompson (2007), «Risk and the Transformation of the Australian
Financial System», in C Kent and J Lawson (eds), The Stucture and
Resilience of the
Financial System, Proceedings of a Conference, Reserve Bank of Australia, Sydney, pp 38 — 75.
First, it is critical for regulators to complete their efforts at implementing a macroprudential approach to enhance
resilience within the
financial system, which will minimize the likelihood that monetary policy will need to focus on
financial stability issues rather than on price stability and full employment.
Follow - up posts described historical experiences and compared the relative stability of the US and Canadian 19th century branching
systems: Canadian banks demonstrated a much higher level of
financial resilience thanks to their ability to open branches nationwide, compared to the great instability and recurrent crises experienced by large US state banks — whose ability to open branches in other states or districts was severely constrained by law — and later «unit» banks, which were not allowed to open branches altogether.
If we accept that properly implemented macroprudential policies can help to effectively combat
financial vulnerabilities by strengthening
resilience in the
financial system and reducing systemic risk, this supports the view that authorities should look to these policies first when imbalances arise, before turning to monetary policy.
Since leaving the SEC in January 2008, she has served as Rapporteur for the Group of Thirty's report, The Structure of
Financial Supervision: Approaches and Challenges in a Global Marketplace and as Project Director for their report, Enhancing
Financial Stability and
Resilience: Macroprudential Policy, Tools and
Systems for the Future.
Strong U.S. bank capital positions contributed to the
resilience of the
financial system, the Fed said.