The Development and Regulation of Non-Bank Financial Institutions
Non-bank financial institutions (NBFIs) are becoming an increasingly important segment of the financial system in some developing countries. This book aims to create awareness of the promise of NBFIs for developing countries and to assist policymak...
| Main Authors: | , |
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| Format: | Publication |
| Language: | English en_US |
| Published: |
Washington, DC: World Bank
2013
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2002/03/2014508/development-regulation-non-bank-financial-institutions http://hdl.handle.net/10986/15236 |
| Summary: | Non-bank financial institutions (NBFIs)
are becoming an increasingly important segment of the
financial system in some developing countries. This book
aims to create awareness of the promise of NBFIs for
developing countries and to assist policymakers in creating
a coherent policy structure and a sound regulatory and
supervisory environment for their development. The first
chapter offers a coherent policy framework for addressing
the regulation of NBFIs and the second chapter addresses the
principles for regulation. Subsequent chapters provide an
overview of the insurance industry, mutual funds and pension
schemes, leasing and real estate companies, and securities
markets, and discusses the specific regulatory framework for
these institutions. The final chapter explores development
policy challenges confronting emerging markets. |
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