East Asian Finance: The Road to Robust Markets
This study analyzes the key issues and constraints -- in terms of efficiency, access and safety and soundness -- faced by East Asian countries in developing their financial markets which are at different stages of development, drawing on global experience. The study takes stock of the initiatives being undertaken at the regional level to foster greater financial integration as a means of deepening and diversifying financial markets, and on the policy issues that need to be addressed at the domestic level to deepen and diversify financial markets and to actually benefit from the actions that are being taken at the regional level.
What people are saying - Write a review
We haven't found any reviews in the usual places.
Other editions - View all
accounting Asian Asian Bond assess asset-backed asset-backed securities assets banking sector Basel Basel II benchmark billion bond markets capital markets collateral companies competition consolidation corporate bonds corporate governance countries credit risk creditors crisis cross-border debt Demutualization derivatives markets disclosure domestic East Asia economies efficiency enforcement enhance ensure entity equity markets financial institutions financial intermediaries financial markets financial sector financial system firms fixed-income foreign banks framework global Hong Kong China important income increase Indonesia infrastructure insolvency institutional investors interest rate investment investor base issuers issues Korea liabilities limited liquidity loans Malaysia margin ment mortgage mutual funds non-life operating ownership pension funds percent of GDP Philippines portfolio rating agencies ratio region regulations regulatory risk management securities markets securitization securitization transactions share shareholders short selling Singapore standards structure supervision supervisors Table Thailand tion trading World Bank
Page 51 - The Equitable Treatment of Shareholders: the corporate governance framework should ensure the equitable treatment of all shareholders, including minority and foreign shareholders. All shareholders should have the opportunity to obtain effective redress for violation of their rights.
Page 51 - Disclosure and transparency. The corporate governance framework should ensure that timely and accurate disclosure is made on all material matters regarding the corporation, including the financial situation, performance, ownership, and governance of the company.
Page 51 - THE RESPONSIBILITIES OF THE BOARD The corporate governance framework should ensure the strategic guidance of the company, the effective monitoring of management by the board, and the board's accountability to the company and the shareholders.
Page 192 - Accounting policies are the specific principles, bases, conventions, rules and practices applied by an entity in preparing and presenting financial statements.
Page 201 - ... a security interest in personal property that secures payment or performance of an obligation.
Page 193 - IAS 30 suggests banks should present a balance sheet that groups assets and liabilities by nature and lists them in an order that reflects their relative liquidity.
Page 192 - Fair presentation requires the faithful representation of the effects of transactions, other events and conditions in accordance with the definitions and recognition criteria for assets, liabilities, income and expenses set out in the Framework. The application of IFRSs, with additional disclosure when necessary, is presumed to result in financial statements that achieve a fair presentation.
Page 96 - Prevention of Criminal Use of the Banking System for the Purpose of Money Laundering issued by the Basle Committee on Banking Regulations and Supervisory Practices.
Page 194 - ... the amounts, timing, and certainty of future cash flows associated with those instruments.