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- W3123245904 abstract "This paper surveys institutional arrangements for macroprudential policy in Asia. Central banks in Asia typically have a financial stability mandate, and play a key role in the macroprudential framework. Smaller and more open economies with prudential regulation inside the central bank tend to have institutional arrangements that give the central bank a leading role. In larger and more complex economies where prudential regulation is outside the central bank, the financial stability mandate is usually shared with other agencies and the government tends to play a leading role. Domestic policy coordination is typically performed by a financial stability committee/other coordination body while cross-border cooperation is largely governed by Memoranda of Understanding." @default.
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- W3123245904 date "2013-07-17" @default.
- W3123245904 modified "2023-09-26" @default.
- W3123245904 title "Institutional Arrangements for Macroprudential Policy in Asia" @default.
- W3123245904 hasPublicationYear "2013" @default.
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