Guidelines for the Successful Regional Integration of Financial Infrastructures

Over the past decade or so, the prospects of long term economic, institutional and social gains from regional and global financial and trade liberalization have become more appealing to public and private stakeholders. Indeed, since the late 1980’s...

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Main Author: World Bank
Format: Working Paper
Language:English
en_US
Published: Washington, DC 2015
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2015/05/24482896/guidelines-successful-regional-integration-financial-infrastructures
http://hdl.handle.net/10986/22110
id okr-10986-22110
recordtype oai_dc
spelling okr-10986-221102021-04-23T14:04:06Z Guidelines for the Successful Regional Integration of Financial Infrastructures World Bank CROSS-BORDER BANKING CROSS-BORDER TRADING GLOBAL FINANCIAL CRISIS GLOBAL FINANCIAL LIBERALIZATION GLOBAL TRADE LIBERALIZATION INVESTMENT ACTIVITY REGIONAL FINANCIAL INFRASTRUCTURE INTEGRATION SETTLEMENT SYSTEMS Over the past decade or so, the prospects of long term economic, institutional and social gains from regional and global financial and trade liberalization have become more appealing to public and private stakeholders. Indeed, since the late 1980’s both developing and advanced economies have seen greater levels of cross-border banking and the cross-border trading, issuance and investment in securities and financial derivatives. At the same time, recent events like the global financial crisis that emerged in 2008 have prompted market participants, their supervisors and other national authorities, international organizations and standard setting bodies to support more robust and ultimately effective mechanisms to enable cross-border financial market connectivity and liquidity, for the benefit of overall financial stability and also of the final users of cross-border financial services.The guidelines are designed to correspond to themain public and private sector objectives for financial market and infrastructure integration, and to facilitate stakeholder realization of the main benefits that are typically associated with FI integration. The guidelines also address commonly experienced barriers and challenges to efficient, effective and safe regional financial infrastructure integration, in order to improve accessibility and reachability for customers and to help minimize the various costs and risks often associated with integration efforts like these. 2015-07-07T17:25:13Z 2015-07-07T17:25:13Z 2014-01 Working Paper http://documents.worldbank.org/curated/en/2015/05/24482896/guidelines-successful-regional-integration-financial-infrastructures http://hdl.handle.net/10986/22110 English en_US Financial infrastructure series; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Publications & Research Publications & Research :: Working Paper
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic CROSS-BORDER BANKING
CROSS-BORDER TRADING
GLOBAL FINANCIAL CRISIS
GLOBAL FINANCIAL LIBERALIZATION
GLOBAL TRADE LIBERALIZATION
INVESTMENT ACTIVITY
REGIONAL FINANCIAL INFRASTRUCTURE INTEGRATION
SETTLEMENT SYSTEMS
spellingShingle CROSS-BORDER BANKING
CROSS-BORDER TRADING
GLOBAL FINANCIAL CRISIS
GLOBAL FINANCIAL LIBERALIZATION
GLOBAL TRADE LIBERALIZATION
INVESTMENT ACTIVITY
REGIONAL FINANCIAL INFRASTRUCTURE INTEGRATION
SETTLEMENT SYSTEMS
World Bank
Guidelines for the Successful Regional Integration of Financial Infrastructures
relation Financial infrastructure series;
description Over the past decade or so, the prospects of long term economic, institutional and social gains from regional and global financial and trade liberalization have become more appealing to public and private stakeholders. Indeed, since the late 1980’s both developing and advanced economies have seen greater levels of cross-border banking and the cross-border trading, issuance and investment in securities and financial derivatives. At the same time, recent events like the global financial crisis that emerged in 2008 have prompted market participants, their supervisors and other national authorities, international organizations and standard setting bodies to support more robust and ultimately effective mechanisms to enable cross-border financial market connectivity and liquidity, for the benefit of overall financial stability and also of the final users of cross-border financial services.The guidelines are designed to correspond to themain public and private sector objectives for financial market and infrastructure integration, and to facilitate stakeholder realization of the main benefits that are typically associated with FI integration. The guidelines also address commonly experienced barriers and challenges to efficient, effective and safe regional financial infrastructure integration, in order to improve accessibility and reachability for customers and to help minimize the various costs and risks often associated with integration efforts like these.
format Working Paper
author World Bank
author_facet World Bank
author_sort World Bank
title Guidelines for the Successful Regional Integration of Financial Infrastructures
title_short Guidelines for the Successful Regional Integration of Financial Infrastructures
title_full Guidelines for the Successful Regional Integration of Financial Infrastructures
title_fullStr Guidelines for the Successful Regional Integration of Financial Infrastructures
title_full_unstemmed Guidelines for the Successful Regional Integration of Financial Infrastructures
title_sort guidelines for the successful regional integration of financial infrastructures
publisher Washington, DC
publishDate 2015
url http://documents.worldbank.org/curated/en/2015/05/24482896/guidelines-successful-regional-integration-financial-infrastructures
http://hdl.handle.net/10986/22110
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