Synopses & Reviews
Deposit insurance has risen rapidly over the last few years across the world. It was brought into renewed prominence with the reform of the system in the United States in the 1980s after the Savings and Loans crisis, and was accelerated by the rash of financial crises that have struck Europe, Asia and South America in recent years. The contributions to this volume strike a fascinating balance between the interest of regulators, the view of academics as to how the issues should be handled, and the interests of banks and their depositors.
Synopsis
Deposit insurance has risen rapidly across the world. It was accelerated by the rash of financial crises that have struck in recent years. The contributions to this volume strike a fascinating balance between the interest of regulators, the view of academics as to how the issues should be handled, and the interests of banks and their depositors.
About the Author
ANDREW CAMPBELL is Director at the Centre for Business Law and Practice at the University of Leeds, UK, and Consulting Counsel on banking law to the Legal Department of the International Monetary Fund, Washington, D.C., USA. He holds a practising certificate as a Solicitor of the Supreme Court in England and Wales. He is co-author, with Peter Cartwright, of Banks in Crisis: The Legal Response, and co-author of Butterworths Annotated Guide to the Financial Services and Markets Act.
JOHN RAYMOND LABROSSE is Secretary General of the International Association of Deposit Insurers (IADI). Before joining IADI, he was Director of International Affairs, Canada Deposit Insurance Corporation where he was responsible for CIDC's relationships with other deposit insurers around the world and, at the same time, he was the Executive Director of the Financial Stability Forum's Study and Working Groups on Deposit Insurance.
DAVID G. MAYES is Adviser to the Board of the Bank of Finland; Professor of Economics at London South Bank University, UK; Adjunct Professor at the University of Canterbury; and visiting Professor at the University of Auckland, New Zealand. He has published widely on monetary policy and financial stability and is advisor to several central banks.
DALVINDER SINGH is Senior Lecturer in Law at Oxford Brookes University, UK, and Managing Editor of the Journal of Banking Regulation. He is also Associate Research Fellow at the Institute of Advanced Legal Studies, University of London, UK, and has acted as a consultant to the International Monetary Fund.
Table of Contents
Responsibility without Power: Two Solutions to the Problem of Foreign-Owned Systemic Bank Branches--D.Mayes * General Guidance for the Resolution of Bank Failures--W.Su * Promoting International Cooperation in Resolving Bank Failures--G.Atay * Using Efficient Bank Insolvency Resolution to Solve the Deposit Insurance Problem--G.G.Kaufman * Contingency Planning: A Practitioner's Guide to Drawing Lessons Learned from Dealing with Bank Failures--J.R.LaBrosse & D.Walker * Measures Promoting Effective Inter-relationships among Financial Safety Net Participants--W.K.Carr * The Role of Deposit Insurance in Ensuring Financial System Stability in Nigeria--G.A.Ogunleye * Economic Performance of Korea Deposit Insurance Corporation's Resolution System--P.Choi * Instituting a Deposit Insurance System: Why? How?--C.Blair, F.Carns & R.Kushmeider * Enterprise Risk Management for a Deposit Insurer--K.Mylrea * Deposti Insurance in Eat Asia: A Comparison of New Systems--D.K.Walker * Organizational Design and Positioning of the Deposit Insurance Function in the Financial System Safety Net--L.Kryzanowski * Financial Disintermediation, Financial Sector Regulation and Deposit Insurance--J.Roy & M-A.Flageole * Responsibility without Power: Two Solutions to the Problem of Foreign-Owned Systemic Bank Branches--D.Mayes * General Guidance for the Resolution of Bank Failures--W.Su * Promoting International Cooperation in Resolving Bank Failures--G.Atay * Using Efficient Bank Insolvency Resolution to Solve the Deposit Insurance Problem--G.G.Kaufman * Contingency Planning: A Practitioner's Guide to Drawing Lessons Learned from Dealing with Bank Failures--J.R.LaBrosse & D.Walker * Measures Promoting Effective Inter-relationships among Financial Safety Net Participants--W.K.Carr * The Role of Deposit Insurance in Ensuring Financial System Stability in Nigeria--G.A.Ogunleye * Economic Performance of Korea Deposit Insurance Corporation's Resolution System--P.Choi * Instituting a Deposit Insurance System: Why? How?--C.Blair, F.Carns & R.Kushmeider * Enterprise Risk Management for a Deposit Insurer--K.Mylrea * Deposti Insurance in Eat Asia: A Comparison of New Systems--D.K.Walker * Organizational Design and Positioning of the Deposit Insurance Function in the Financial System Safety Net--L.Kryzanowski * Financial Disintermediation, Financial Sector Regulation and Deposit Insurance--J.Roy & M-A.Flageole *