Regulatory Issues related to Financial Innovation

This note explores various regulatory issues related to financial innovation. It starts from a premise that financial innovations are neither always helpful (or benign) nor always threatening. Innovations have the potential to provide for a more efficient allocation of resources and thereby a higher level of capital productivity and economic growth. Many financial innovations have had this effect. But others have not. Examples of the

Cadre d’action publique pour une réglementation financière efficace et efficiente: Orientations générales et liste de vérification de haut niveau

La structure et le fonctionnement des systèmes financiers ont profondément évolué ces deux dernières décennies, sous l’effet d’améliorations spectaculaires dans les domaines suivants : les technologies, l’innovation de produit, l’intégration, la concurrence et les réformes concernant les politiques, la réglementation et les échanges internationaux. Le Cadre d’action publique est un outil qui peut appuyer les efforts déployés

Current and Structural Developments in the Financial Systems of OECD Enhanced Engagement Countries

This paper discusses the financial systems of OECD Enhanced Engagement Countries (EE5: Brazil, China, India, Indonesia, and South Africa). Rather than providing a comprehensive survey of each financial system, it is designed to highlight some of the salient features of EE5 financial systems, emphasising those aspects of the system that these countries have in common and those that are different from those in OECD countries. While

OECD Sovereign Borrowing Outlook 2009: Revised estimates for 2009 and 2010

OECD governments are facing ongoing, unprecedented challenges in raising large volumes of funds at lowest possible cost, while balancing refinancing, repricing and interest rate risks. Gross borrowing needs of OECD governments are expected to reach almost USD 16 trillion in 2009, up from an earlier estimate of around USD 12 trillion. The tentative outlook for 2010 shows a stabilising borrowing picture at around the level of USD 16

Responding to the crisis: Changes in OECD primary market procedures and portfolio risk management

Tougher issuance conditions related to the surge in government borrowing needs are the reasons why issuance arrangements have not always been working as efficiently as before the crisis. This prompted debt management offices (DMOs) in the OECD area to review existing issuance policies and procedures. The crisis also had an impact on the use of indicators or guidelines relating to the key risks of the maturity structure of issuance or

Asia Workshop on abuse of dominance

This workshop addressed abuse of dominance, with discussions focusing on defining the relevant market, barriers to entry, determining whether market power exists, efficiency considerations as well as remedies and sanctions.

Natural Hazard Awareness and Disaster Risk Reduction - OECD Policy Handbook

The handbook provides policy guidance in the field of natural hazard awareness and disaster risk reduction education to governments. It is based on a stocktaking of country initiatives to promote risk awareness and education on natural perils and related risks performed by the OECD and covering selected OECD countries as well as two major non-OECD countries, China and India.

Israël doit s'assurer que les préoccupations qui subsistent en matière de lutte contre la corruption transnationale ne compromettent pas les progrès réalisés dans ce domaine, indique l'OCDE

Israël doit intensifier ses efforts dans le domaine de la détection, des enquêtes et des poursuites dans les affaires de corruption transnationale, notamment dans le secteur de l’industrie de la défense, préconise un nouveau rapport établi par le Groupe de travail de l’OCDE sur la corruption.

Competition and Regulation in Auditing and Related Professions

Accounting professions provide key services for ensuring the smooth operation of market economies. Maintaining access to quality accounting work at a reasonable price is crucial for increasing transparency of publicly held companies. While many practices may serve to protect consumers who are not otherwise able to assess the company accounts, there appear to be many areas in which there is restricted competition, particularly as a

Related Documents

• Competition and Regulation in Retail Banking
• Competition Policy in Subsidies and State Aid
• Mergers in Financial Services
• Relations between Regulators and Competition Authorities
• Enhancing the Role of Competition in the Regulation of Banks
• Failing Firm Defence

Applying Regulatory Impact Assessment to policy making in the area of corporate governance

This study calls for increased use of Regulatory Impact Assessment in the area of corporate governance and gives a number of examples of how the technique has been applied to promote more efficient policy. It forms part of an OECD publication titled Regulatory Impact Analysis: A Tool for Policy Coherence.