Modernizing Bank Regulation in Support of Financial Deepening: The Case of Uruguay
Author/Editor: Mario Mansilla, Gustavo Adler, Torsten Wezel
Release Date: © September, 2009
Stock #: WPIEA2009199
English
Stock Status: Available
Languages and formats available
| English | French | Spanish | Arabic | Russian | Chinese | Portuguese | |
| Paperback | Yes |
Description
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.
Keywords
Credit Growth, Credit Risk, Loan Classification, Loan Provisioning, Bank Liquidity, Regulatory Reform, Bank Reforms, Bank Supervision, Banking Sector, Basel Core Principles, Credit Expansion, Financial Soundness Indicators, Liquidity Management, Risk Management
Taxonomy
Bank regulations,
Banks and banking,
Business cycles,
Economic development,
Financial crisis,
Financial institutions and markets,
International financial system,
Loans
More publications in this series: Working Papers
More publications by: Mario Mansilla ; Gustavo Adler ; Torsten Wezel
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