TY  - BOOK
AU  - Marston,Dewitt
TI  - Financial System Standards and Financial Stability: The Case of the Basel Core Principles 
T2  - IMF Working Papers; Working Paper
SN  - 1451964749 :
SN  - 1018-5941
PY  - 2001///
CY  - Washington, D.C.
PB  - International Monetary Fund
KW  - Bank Soundness
KW  - imf
KW  - Banking Supervision
KW  - Banking
KW  - Financial Markets and the Macroeconomy
KW  - Financial System Soundness
KW  - Regulation
KW  - Canada
KW  - Ireland
N2  - The relationship between the observance of financial system standards and financial stability is complex owing to the multitude of macroeconomic and structural factors affecting stability. Therefore, assessments of standards in terms of technical criteria for compliance needs to be reinforced with additional information on other factors affecting risks in order to assess financial stability. Preliminary evidence from country data on observance of Basel Core Principles (BCPs) suggests that indicators of credit risk and bank soundness are primarily influenced by macroeconomic and macroprudential factors and that the direct influence of compliance with Basel Core Principles on credit risk and soundness is insignificant. BCP compliance could, however, influence risk and soundness indirectly through its influence on the impact of other macro variables
UR  - http://elibrary.imf.org/view/IMF001/02429-9781451964745/02429-9781451964745/02429-9781451964745.xml
UR  - http://www.imfbookstore.org/IMFORG/9781451964745
ER  -