 | The Withdrawal of Correspondent Banking Relationships : A Case for Policy Action Author/Editor: Michaela Erbenova, Yan Liu, Nadim Kyriakos-Saad, Aledjandro Lopez Mejia, Jose Giancarlo Gasha, Emmanuel Mathias, Mohamed Norat, Francisca Fernando, Yasmin Almeida. Release Date:June, 2016 This paper focuses on the withdrawal of correspondent banking relationships (CBRs) in some jurisdictions post-global financial crisis. It describes existing evidence and consequences of the more...
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|  | Creating a Safer Financial System: Will the Volcker, Vickers, and Liikanen Structural Measures Help? Author/Editor: José Vinãls, Ceyla Pazarbasioglu, Jay Surti, Aditya Narain, Michaela Erbenova, Julian T S Chow. Release Date:May, 2013 The U.S., the U.K., and more recently, the E.U., have proposed policy measures directly targeting complexity and business structures of banks. Unlike other, price-based reforms (e.g., Basel 3 and more...
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|  | Corporate and Household Debt Distress in Latvia : Strengthening the Incentives for a Market-Based Approach to Debt Resolution Author/Editor: Magnus Saxegaard, Michaela Erbenova, Yan Liu. Release Date:April, 2011 This paper reviews Latvia’s efforts to manage the increase in debt distress resulting from the unwinding of the 2000-07 credit boom and spillovers from the global financial crisis. The authorities more...
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