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dc.titleMacroprudential Regulations in Andean Countries
dc.contributor.authorGalindo, Arturo
dc.contributor.authorRojas-Suárez, Liliana
dc.contributor.authorDel Valle, Marielle
dc.contributor.orgunitCountry Department Andean Group
dc.coveragePeru
dc.coverageBolivia
dc.coverageColombia
dc.coverageVenezuela
dc.coverageEcuador
dc.coverageSouth America
dc.date.available2013-01-11T00:00:00
dc.date.issue2013-01-11T00:00:00
dc.description.abstractThe importance of having in place a financial regulatory framework that includes macro-prudential regulations was fully recognized during the recent global financial crisis. A central lesson from that episode was that relying on regulations that solely assessed the risks that financial institutions were taking on their individual balance sheets (a micro-prudential approach) was inadequate to preserve financial system stability. This policy brief deals with advances in the Andean countries regarding the implementation of macro-prudential financial regulations; that is, regulations that take into account risks at the systemic level. We focus specially on three regulatory tools: liquidity requirements, counter-cyclical capital requirements and counter-cyclical loan-loss provisioning requirements.
dc.format.extent54
dc.identifier.doihttp://dx.doi.org/10.18235/0008426
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Macroprudential-Regulations-in-Andean-Countries.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectFinancial Crisis and Structural Adjustement
dc.subjectFinancial Risk
dc.subjectMonetary Policy
dc.subjectFinancial Policy
dc.subjectFinancial Service
dc.subject.jelcodeE44 - Financial Markets and the Macroeconomy
dc.subject.jelcodeG21 - Banks • Depository Institutions • Micro Finance Institutions • Mortgages
dc.subject.jelcodeG28 - Government Policy and Regulation
dc.subject.jelcodeG32 - Financing Policy • Financial Risk and Risk Management • Capital and Ownership Structure • Value of Firms • Goodwill
dc.subject.jelcodeG38 - Government Policy and Regulation
dc.subject.keywordsMacroprudential regulations, systemic risk, financial system, credit cycles, liquidity requirements, loan-loss provisioning, capital buffer
dc.typePolicy Briefs
idb.identifier.pubnumberPolicy Briefs
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