Supervision
in sentence
353 examples of Supervision in a sentence
They have immense regulatory powers to require that the banks under their
supervision
hold capital, lend to classes of borrowers that have historically faced discrimination, and serve the communities in which they are embedded.
The “school solution,” agreed at the Financial Stability Board in Basel, is that global regulators should clearly identify systemically significant banks and impose tougher regulations on them, with more intensive
supervision
and higher capital ratios.
The financial sector requires tougher regulation, strengthened supervision, and internationally consistent resolution mechanisms to address the problems posed by very large, global institutions that are considered too big (or too complex) to fail.
A relatively tight monetary policy, strengthened financial supervision, and regulation aimed at supporting a broader deleveraging drive and containing housing prices also stoke concern that real-estate and other asset bubbles will soon burst, though the PBOC adjusted its policy stance toward loosening a bit.
Each crisis exposed weak and ineffective legal frameworks (often deliberately maintained by politicians), inadequate and dispersed supervision, and forbearance policies that only an industry lobbyist could love.
Independence boosts the effectiveness of market
supervision
only when accompanied by accountability.
Moreover, the independence of bank
supervision
typically lags behind central bank independence, and the overall regulatory framework for other financial services, notably insurance, is often even weaker.
Good teachers are undoubtedly the key to quality education; but they can do only so much if they are not provided with skilled supervision, a well-organized curriculum, and access to technology.
Since then, the G-20 has become the premier forum for economic policy coordination among its members, giving concrete form to many of the ideas – for example, on a framework for balanced and sustainable growth, on financial regulation and supervision, and on action against tax evasion and fraud – that the EU proposed.
New pedagogies also require continual
supervision
and practice, especially early on.
To minimize this risk, the report advocates two forms of limited
supervision.
Beginning at the top, the regulatory pendulum is still swinging toward tighter
supervision
of traditional financial institutions, particularly large banks and insurance companies deemed “systemically important.”
Moreover, re-designed regulatory frameworks, phased implementation, and stepped-up
supervision
will gradually extend to other segments, including asset management.
In India, the government has announced the establishment of the Financial Stability and Development Council (FSDC) to address inter-regulatory coordination issues and provide macro-prudential
supervision.
Starting next year, when it takes over authority for bank supervision, the ECB will review the quality of banks’ assets.
The crisis has made it clear that national
supervision
of banks that operate globally is insufficient.
Improved
supervision
is important, but countries should be prepared to coordinate their economic and exchange rate policies.
Instead, the world must focus on the second phase, because it is weapons potential that is the looming danger, and it is here that internationally mandated mechanisms for oversight and
supervision
exist.
The problems typically stemmed from lack of organization and coordination to make certain that staff had the supplies, training, and
supervision
they needed.
The Brexit of UK BankingLONDON – When I became the head of banking
supervision
in the United Kingdom in the mid-1990s, my friends did not see it as a glamorous or exciting career move.
Of course, the reason why banking
supervision
– and financial regulation more generally – has higher political salience now is obvious: The financial crisis of 2008 showed that bank failures could have catastrophic consequences for the economy as a whole.
We have achieved important results on the way to a banking union, notably on
supervision.
The improvement of regulation and supervision, while a good idea, is better suited to avoiding future crises than to dealing with the consequences of a catastrophe that has already occurred.
In a speech around that time, the chairman of the China Securities Regulatory Commission, Mr. Zhou Xiaochuan, announced that the securities market welcomed media criticism and
supervision.
Crony capitalism, corruption, weak rule of law, lack of transparency, inadequate financial regulation and prudential supervision, poor corporate governance, non-enforcement of bankruptcy procedures, an insufficiently open capital account, overly-ambitious industrial policies -- these were the features of Asian countries that supposedly precipitated the Asian financial crisis.
To cite one example: the memorandum of economic policies submitted by the Korean government to the IMF (March 10th, 1999) contains one-and-a-half pages on macroeconomic policy, and twelve densely-packed pages on privatization, financial sector restructuring, prudential regulation and supervision, corporate restructuring, trade and capital account liberalization, and transparency, monitoring and data reporting.
A banking union – consisting of common deposit insurance, supervision, and crisis resolution – would help to avoid the mutual contamination of banks and sovereigns, which is why the idea was endorsed at the recent G-20 summit in Mexico.
An International Monetary Fund study of pre-crisis regulation concluded that “countries with integrated supervisory agencies [at that time generally outside the central bank] enjoy greater consistency in quality of supervision.”
The prudential
supervision
regime initiated by the Bank of Spain in response to the Spanish banking crises of the 1980’s and 1990’s shows what a sensible middle way might look like.
Sinners are not placed under their neighbors’ supervision, nor are debt-reduction measures forced upon them, as would be the case in a political union.
Back
Next
Related words
Financial
Under
Banking
Regulation
Banks
Would
Which
Their
System
Should
Prudential
Institutions
Crisis
Union
Countries
National
International
Resolution
Policy
Common