Catalog

	Table of Contents
p. 46 of 58 BACK | NEXT Purpose and Structure of the Toolkit Part One: Introduction and Overview Part Two: Preconditions and Infrastructure for Financial Sector Development Part Three: Financial Regulation and Supervision I. Financial Stability, Development and Institutional Design II. Financial Regulation: General Principles III. Financial Regulatory Structure IV. Banking Regulation V. Bank Insolvency and Depositor Protection VI. Securities and Derivatives Regulation VII. Insurance and Pensions Regulation VIII. Regulation of Financial Conglomerates A. International Standards B. Joint Forum Compendium of Principles C. Guidance and Recommendations Part Four: Regional Financial Integration Part Five: ADB's Intervention in the Financial Sector Bibliography Glossary and List of Abbreviations Acknowledgements

Financial Sector Legal and Regulatory Toolkit : Part Three: Financial Regulation and Supervision

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B. Joint Forum Compendium of Principles

Currently, the Joint Forum has developed the following principles, which form a compendium: Capital Adequacy Principles; Fit and Proper Principles; Framework for Supervisory Information Sharing; Principles for Supervisory Information Sharing; Coordinator guidance; Risk Concentrations Principles; and Intra-group transactions and Exposures (ITEs) Principles.

These requirements will be relevant to most countries (developed, emerging market, developing and transitioning), given the general trend towards legislation permitting universal banking and the provision of a range of financial services, a development connected to common legal attributes of many EU member states and aspirants and increasingly to development in the United States.

The FSF framework does not include a key standard addressing regulation and supervision of financial conglomerates, however, the FSF Compendium does include a number of other standards in this area. These are grouped under two subheadings: general supervision and risk management. General supervision includes one standard, while risk management addresses intra-group transactions and exposures [ PDF ] and risk concentration [ PDF ].

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