| Description |
1 online resource (32 pages) |
| Series |
IMF working paper ; WP/07/18.
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| Contents |
I. Introduction; II. Revisiting Supervisory Structures-What Are the Arguments?; A. The "Changing Structure of the Financial System" Argument; B. The "Economies of Scale" Argument; C. The "Institutional Strengthening" Argument; III. Financial Sectors and Their Supervision in SSA; A. Key Facts and Trends in Financial Sector Development; B. Overview of Financial Sector Supervision; C. How Does the Emerging SSA Debate Fit into the Broader Debate?; IV. An Analytical Framework for Shaping SSA's Supervisory Structures; A. Capacity Constraints; B. The Role of the Central Bank |
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C. Regulatory Strategy: Scope and IntensityRegulatory scope; Regulatory intensity; The cost of regulation; V.A Typology of Possible Models; Model 1-The Singapore model; Model 2-The Irish model; Model 3-Bi-polar with banking supervision in the central bank; Model 4-Bi-polar with supervision of all deposit-taking institutions in the central bank; Model 5-The U.K.-FSA model; Synthesis; VI. Conclusions; References; Tables; 1. Sub-Saharan Africa: Relative Importance of Segments in the Financial Systems of Selected Countries |
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2. Sub-Saharan Countries: Financial Sector Supervisory Structures in Selected Countries3. Supervisory Models in SSA-Overview ; 4. Overview of Advantages and Disadvantages of Selected Supervisory Structures |
| Summary |
Current trends in financial sector development in sub-Saharan Africa are prompting policymakers to focus on the design of appropriate supervisory structures. Against the backdrop of worldwide efforts to remodel supervisory structures, this paper develops an analytical framework for designing a regulatory strategy that could assist in prioritizing the needs for regulation and supervision over time. Such a strategy should facilitate the design of a supervisory structure suitable for an individual country's current and future needs. The paper emphasizes that in the case of sub-Saharan Africa, any such strategy is constrained by the reality of capacity limitations and should take into account the need to keep the central bank involved in the process. Building on the framework, the paper identifies a number of supervisory structures that could meet sub-Saharan Africa's needs |
| Notes |
"January 2007." |
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At head of title: Monetary and Capital Markets Department |
| Bibliography |
Includes bibliographical references (pages 29-32) |
| Notes |
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL |
|
English |
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digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL |
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Print version record |
| Subject |
Banks and banking -- State supervision -- Africa, Sub-Saharan
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Financial institutions -- State supervision -- Africa, Sub-Saharan
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Banks and banking, Central -- State supervision -- Africa, Sub-Saharan
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Banks and banking, Central -- State supervision
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Banks and banking -- State supervision
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Financial institutions -- State supervision
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Sub-Saharan Africa
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| Form |
Electronic book
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| Author |
Taylor, Michael, 1962-
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International Monetary Fund. Monetary and Capital Markets Department.
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| ISBN |
1282558153 |
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9781282558151 |
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9781451910353 |
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1451910355 |
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9781452726922 |
|
1452726922 |
|
1462338682 |
|
9781462338689 |
|
9786613822307 |
|
6613822302 |
|
9781451865820 |
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1451865821 |
|
