Abstract This paper reviews the Canadian bankingregulations. In particular, the paper explores what they are, when they started, why they exist and how they work. In the process of so doing, the paper shows that bankingregulations in Canada serve a vital function even if they are generally misunderstood by the public.
Abstract This paper explains that Basel II is recommendations and regulations issued by the Basel Committee on Banking Supervision as an attempt to create a more stable banking environment, to limit the risk of default and to create a common global risk management framework. The paper explains its three-pillar approach to better manage risk and to increase disclosures and then describes potential problems created by the Basel II framework in its implementation in developing countries. The paper then relates that, these developing countries are still anxious to apply Basel II because a stable banking sector could be successfully expanded to a stable and healthy economy.
From the Paper "For developing countries, such a situation poses potential significant threats. First of all, during recessions, it would make it much harder for developing countries to raise capital and thus can lead to the crisis going on indefinitely, rather than the capacity of the developing country to raise funds helping end the recession. Further more, even in normal economic growth phases, for developing countries, with a growing economy based very much on the existence of credit, a stifled credit policy can prove an important potential problem."
Tags: global risk disclosure, implementation costs, microstability
Abstract The world of business has changed dramatically in recent years, yet one sector-banking-remained shackled by age-old regulations. That is what the framers of the Glass-Steagall Act intended.
From the Paper "The world of business has changed dramatically in recent years, yet one sector-banking-remained shackled by age-old regulations. That is what the framers of the Glass-Steagall Act intended. The law, passed in 1933, placed strict limits on banks to prevent a repeat of the Great Depression. In recent years, however, Glass-Steagall has come under attack, with banks, politicians, and even regulators calling on Congress to reform federal regulation of financial institutions. This paper will examine the politics of bank reform, and how a concerted and expensive lobbying effort finally paid off in 1999.
The Glass-Steagall Act, which Congress passed in 1933, sought to cure the excesses that spurred the Great Depression. The legislation also sought to restore the nation's faith in banks. During the 1920s, banks served as underwriters on..."
Abstract This capstone paper focuses on the field of banking. It takes into account financial management, marketing, regulation and compliance and human resources. The paper focuses on small business banking ventures. It provides a case study analysis of Kaiser Federal Bank as a basis for the framework for discussion of related issues. The paper contains copies of original sources, as well as graphs and tables.
Table of Contents:
Abstract
List of Tables
List of Figures
I. Introduction
Questioning Considerations
Background
II. Financial Management
III. Marketing
IV. Regulation and Compliance
V. Human Resources
From the Paper "Researched sources retrieved and analyzed during the creation of this paper included more than 25 resources, conveying components connected to the startup of a small business banking venture. Considerations included the examination of costs to implement various programs and the ensuing financial impact for the bank. Other factors for focus consisted of determining potential marketing components to incorporate for the startup of a small business banking venture required identifying what products/services are feasible to introduce; what small business customers demand; how bank plans to market the small business banking program. For the Regulation and Compliance segment of this study, this researcher also investigated contemporary rules and how best to implement them. To develop the human resources' section, this researcher further explored information revealing required manpower, IT, training, etc."
Abstract This paper looks at the Glass-Steagall Act, passed in 1933 which placed strict limits on banks to prevent a repeat of the Great Depression and how, in recent years, it has come under attack, with banks, politicians, and even regulators calling on Congress to reform federal regulation of financial institutions. It evaluates how the rules laid down in the act no longer apply in a searing economy based on technology and how the rules still applied to banks which watched their profitability suffer as they were denied entry into other sectors of the economy. It examines the efforts and results of the lobbying for the reform bill which was eventually signed on November 12, 1999.
From the Paper "Only consumer advocacy groups arrayed against bank reform, at least for the long haul. Ralph Nader, head of Public Citizen summarized his group's opposition in testimony before Congress on February 11, 1999. He argued that the repeal of Glass-Steagall would lead to the formation of corporate combinations "which will dominate the delivery of financial products and fuel the already alarming trend toward mega mergers and the concentration of economic power" (Nader, 1999). Edmund Mierzwinski from the Public Interest Research Group (PIRG) echoed Nader's sentiments, arguing that the "one-stop" shopping pushed by banks would lead to higher fees, less privacy, and less choice for consumers (Mierzwinski, 1999)."
Abstract The term "offshore banking" refers to the provision of financial services by banks and other agents to non-residents, a practice that has gained an increasing amount of notoriety in recent years. This paper provides a review of the scholarly and peer-reviewed literature to develop an overview of offshore banking and to identify regulations that have been implemented by U.S. and international agencies to reduce or eliminate the illegal activities and tax schemes that have been deployed by many Americans through the use of offshore banking. An analysis of how offshore banking has affected taxation in the United States is followed by a discussion of what can be done to monitor the activities of offshore banking. A summary of the research and salient findings are provided in the conclusion.
Outline:
Review and Discussion
Background and Overview.
The Impact of Offshore Banking on Taxation
Controlling Legislation
Monitoring Offshore Banking Activities
Summary and Conclusion
From the Paper "Offshore banking centers allow actors in the financial markets that are so inclined to use international capital in ways that are not lawful in the more regulated country of origin. Indeed, the absence of regulation is attractive to the money launderer because they are provided with secrecy, a tax haven and the ability to move capital with ease. The International Monetary Fund has identified more than a dozen major offshore centers, many of them in the Caribbean, Southeast Asia and Europe (see Table 1 below); for instance, the Cayman Islands, with a total population of 30,000, hosts 550 banks (see Table 2 below), only 17 of which maintain a physical presence with the remainder conducting business primarily through telecommunications (Shelley, 1998). "
This paper deals with the consequences of Basel II regulations for Europe, the United States and some developing countries in the Middle East, especially Egypt.
Abstract The paper discusses Basel II that was published in June, 2004 in order to set international standards for bankingregulation. The paper examines the effects of Basel II on Europe and the United States and its effect on some developing countries in the Middle East, Egypt in particular. The paper shows how the Basel II accords bring needed transparency and better risk reporting, but have relatively little effect on the emergence of better banking in developing countries.
Outline:
Introduction
Basel I's creation and evolution
Banking in Egypt Prior to Basel II
Economic Changes in the Developing and Developed World
Comparison of Financial Performance
Convergence and Trade with Money-Center and Developing World Financial Institutions
Basel II Main Tenets
Implementation of Basel II
Focus of Basel II Differs from the Focus on Developing Country Financial Systems
Implications for Egypt and Other Developing Countries
Conclusion
From the Paper "Basel's committee on banking supervision was established as a response to the changes in world currency in the years leading up to 1974. By that time, the US and Great Britain had decoupled their currencies from gold and silver which had been established in the 1940's, and therefore offered a 'pure' promissory currency. Increases in oil prices in 1974 led to massive transfers of wealth to Middle Eastern nations, and several banks were imperiled by these changes."
Abstract This paper discusses the topic of village banking in developing countries. Africa is examined as a case study/example because it is involved with many village banking ideals and these are spreading into both developed and developing countries. Village banking is also discussed in the literature review as is the banking concept in general, small businesses, and developing countries, as it is important to see how all of these issues come together. Furthermore, the paper attempts to ascertain the success rate of village banking in developing countries with a focus on the organizational culture of village banking, non-village banking, and the people in developing countries. All of these cultures and their differences are then analyzed and compared to determine the success of the village banking system in developing countries.
Table of Contents:
Introduction
Small Businesses and Globalization
Conflict and Diversity
The Digitalization of the Economy
Developing Nations, Foreign Investors, and Global Trade Issues - Mergers and Acquisitions
Chart: Sectoral Distribution of FDI Inward Stock 1990 and 2000
Village Banks Conclusion
From the Paper "Many people liken village banking to Islamic banking, largely because "religious laws in Islam govern all aspects of life." In writing about Islam, it has been explained that Islam is often seen as a very complete and comprehensive way of life, and that this way of life is both religious and secular. Islam is, therefore, not only a set of beliefs and way of worship but also an integrated and very vast system of laws. Islam is also a civilization and a culture, a commercial norm and an economic system, and a governance method for all that belong to it."
Abstract After bank failures during the Great Depression, and following the several "panics" that occurred in the nineteenth and early twentieth centuries, the American government has taken an active role in regulating the thrift industry.
From the Paper "Introduction
After bank failures during the Great Depression, and following the several "panics" that occurred in the nineteenth and early twentieth centuries, the American government has taken an active role in regulating the thrift industry. Part of this is because of the strong role that the dollar plays in the international currency markets, but part is also a result of public concern. This research examines how one institution in particular, BankAmerica, has responded to the changing policies in the banking industry. In addition, the unique business environment of the banking industry, which is closely related to the public policy decisions, is considered and BankAmerica's response to the business environment evaluated.
What is the Business Environment?
In the thrift industry ..."
Abstract This paper expresses and investigates some of the controversial issues surrounding the World Bank. The paper discusses the purpose of the World Bank as a means of alleviating some of the economic problems of underdeveloped or developing nations and looks at the bank's attempt to meet this objective through structural adjustment programs. Also discussed is the lack of success the World Bank has had in meeting its objectives and some of the factors responsible for its failure.
From the Paper "With the dawn of the 20th century, the world has gradually become conscious of the fact that countries of the world largely depend on each other for operations as well as resources. For this reason foreign relations have been formulated, ties formed with the aim to identify with nations that would provide services or trade. Most of the transactions carried out were with "friendly" nations while those that compete directly or indirectly are considered to be "enemies". With WWI and WWII many nations and state have come to the realization that countries cannot rely on individual bilateral relations alone. Bilateral relations no longer serve the purpose of multitude of trade transactions as each country has different policies for trade as well as politics."
Abstract This paper examines the role of Bank Negara, the Central Bank of Malaysia and how it effectively controlled and fought inflation forces during the recent Asian financial crisis. The paper also looks at the reasons why Bank Negara is the only truly functioning banking system in the whole of Southeast Asia.
From the Paper "Malaysia is an emerging nation from its British Colonial roots into the new "global economy," with perhaps the best position for sound economic growth of any nation in the world including the United States. In comparison, of course one must take into account the vast and varied aspects of the U. S. economy in relationship to the more limited Malay economy."
Tags: governance, political, control, rules, regulations, leadership, factions, south, korea
