TY - BOOK AU - Lim,Cheng Hoon AU - Ramchand,Rishi S. AU - Wagner,Helen AU - Wu,Xiaoyong TI - Institutional Arrangements for Macroprudential Policy in Asia T2 - IMF Working Papers; Working Paper SN - 1484338367 : SN - 1018-5941 PY - 2013/// CY - Washington, D.C. PB - International Monetary Fund KW - Deposit Insurance KW - imf KW - Financial Services KW - Financial System KW - Government Policy and Regulation KW - Institutional Arrangements KW - Macroprudential KW - Australia KW - Hong Kong Special Administrative Region of China KW - Japan KW - Korea, Republic of KW - Malaysia N2 - This paper surveys institutional arrangements for macroprudential policy in Asia. Central banks in Asia typically have a financial stability mandate, and play a key role in the macroprudential framework. Smaller and more open economies with prudential regulation inside the central bank tend to have institutional arrangements that give the central bank a leading role. In larger and more complex economies where prudential regulation is outside the central bank, the financial stability mandate is usually shared with other agencies and the government tends to play a leading role. Domestic policy coordination is typically performed by a financial stability committee/other coordination body while cross-border cooperation is largely governed by Memoranda of Understanding UR - http://elibrary.imf.org/view/IMF001/20676-9781484338360/20676-9781484338360/20676-9781484338360.xml UR - http://www.imfbookstore.org/IMFORG/9781484338360 ER -