TAILIEUCHUNG - Central banks and financial stability

The extension of central bank liquidity eased the pace of asset-shedding observed in late 2011, but did not turn the underlying trend. If the banks in the EBA sample, for instance, failed to roll over their senior unsecured debt maturing over a two-year horizon, which amounts to more than €1,100 billion (€600 billion among banks with a capital shortfall), they would have to shed funded assets in equal measure. By covering these funding needs, the LTROs and dollar swap lines helped avert an accelerated deleveraging process. But many banks continued to divest assets in anticipation of the eventual. | Central banks and financial stability By P J N Sinclair Director Centre for Central Banking Studies. Many central banks have seen a recent increase in their autonomy in monetary policy and also a transfer of supervisory and regulatory responsibilities to other bodies. But the maintenance offinancial stability is and remains a core function for all central banks. This paper presents details of 37 central banks functions and powers as they stood in March 2000. It goes on to discuss financial crises and the morbidity of banks the trade-off between competition and safety in the financial system the international dimension to financial crises the many links between financial stability policy and monetary policy and the nature of the work of those charged with safeguarding financial stabilityS1 2 3 4 1 Introduction Each year the Governors of many central banks are invited to the Bank of England for a symposium. The subject this year was financial stability. This article is based on Financial Stability and Central Banks a written report 2 presented to the 2000 Central Bank Governors Symposium held at the Bank on 2 June 2000. 3 Among other things the report analyses the results of a survey of central banks outlining the scope and diversity of their financial stability activities this is discussed in Section 2 of this article. Section 3 focuses on banking crises and the morbidity of banks Section 4 looks at the trade-off between competition and safety for banks and Section 5 considers international capital movements and financial crises in the open economy. Section 6 returns to the topic of the central bank s role in financial stability with a discussion of the links between financial stability policy and monetary policy. Section 7 offers some observations about the different nature of the tasks confronting central bankers operating in these two areas. Section 8 presents conclusions. 2 Financial stability functions in central banks The report to the Central Bank Governors .

• Ngân hàng - Tín dụng
• Electrical Bioimpedance
• medical diagnosis
• biological material
• mathematical questions
• mathematical questions
• sine correlation response