Modernizing Bank Regulation in Support of Financial Deepening : The Case of Uruguay /

This paper studies how Uruguay's regulatory framework was gradually strengthened to address shortcomings identified during the 2002-03 crisis, to align with international standards and, more recently, to deal with cyclical pressures resulting in an acceleration of bank lending. In particular, r...

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Detalhes bibliográficos
Autor principal: Wezel, Torsten
Outros Autores: Adler, Gustavo, Mansilla, Mario
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2009.
Colecção:IMF Working Papers; Working Paper ; No. 2009/199
Acesso em linha:Full text available on IMF
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245 1 0 |a Modernizing Bank Regulation in Support of Financial Deepening :   |b The Case of Uruguay /  |c Torsten Wezel, Mario Mansilla, Gustavo Adler. 
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490 1 |a IMF Working Papers 
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520 3 |a This paper studies how Uruguay's regulatory framework was gradually strengthened to address shortcomings identified during the 2002-03 crisis, to align with international standards and, more recently, to deal with cyclical pressures resulting in an acceleration of bank lending. In particular, regulatory reforms pertaining to loan classification and provisioning as well as liquidity requirements are reviewed and evaluated against best practices. The paper concludes that prudential regulation in Uruguay now generally conforms to high standards while also embracing innovative elements such as dynamic provisioning. 
538 |a Mode of access: Internet 
700 1 |a Adler, Gustavo. 
700 1 |a Mansilla, Mario. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2009/199 
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