Supervisory perspectives

Danièle Nouy

Journal of Financial Stability, 2008, vol. 4, issue 4, 346-350

Abstract: Confidence in both financial institutions and markets must be re-built; this requires (1) better (model-based) valuation processes; (2) a more robust capital basis, including clarification and strengthening of the Basel II securitization framework; (3) improving the liquidity regime; (4) greater transparency; notably relating to structured products and off-balance sheet vehicles; (5) improved information from CRAs. The need is to find a balance that still fosters innovation, without leaving the system vulnerable to excesses.

Keywords: Transparency; Liquidity; Capital; Valuation; Basel; II (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:eee:finsta:v:4:y:2008:i:4:p:346-350

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