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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Online Access: | 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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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 |
_version_ |
1764450044673523712 |