Regional: Financial Regulatory Reforms in Asia

Nonsovereign Project | 45142-001

Summary

This TA aims to support regulatory reforms in line with international good practices, covering the financial sector (banking, insurance, and securities) of DMCs in East and Southeast Asia. 6 The TA will examine the relevance of the global reform issues and their implications for emerging Asian economies, strengthen macro-prudential supervision of the DMCs through knowledge sharing, and help improve national regulatory systems and promote harmonization of national regulations and practices in line with global standards.

Latest Project Documents

Title Document Date
Financial Regulatory Reforms in Asia Sep 2011

Consulting Notices

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Project Name Financial Regulatory Reforms in Asia
Project Number 45142-001
Borrower/Company
Country Regional
Location
Approval Number 7864
Type or Modality of Assistance
7864 FSDPF US$ 300,000 Approved
Strategic Agendas Inclusive economic growth
Regional integration
Drivers of Change Governance and capacity development
Partnerships
Sector / Subsector Finance - Banking systems and nonbank financial institutions - Finance sector development
Gender Equity and Mainstreaming No gender elements
Responsible ADB Department Office of Regional Economic Integration
Responsible ADB Division OROD
Responsible ADB Officer Jong-Ho Lee
Project Sponsor(s)
Description

This TA aims to support regulatory reforms in line with international good practices, covering the financial sector (banking, insurance, and securities) of DMCs in East and Southeast Asia. 6 The TA will examine the relevance of the global reform issues and their implications for emerging Asian economies, strengthen macro-prudential supervision of the DMCs through knowledge sharing, and help improve national regulatory systems and promote harmonization of national regulations and practices in line with global standards.

The TA will address the issues of regulatory reforms from a new post-crisis perspective. It will (i) examine how Asian economies translate the lessons of the recent global financial crisis into appropriate policies and reform measures in terms of macro-prudential supervision relative to micro-prudential supervision; (ii) assess the robustness of financial sector policies or reforms to buffer any systemic vulnerability to financial crises, and the extent of their contribution to financial soundness and stability; and (iii) help develop the strategic direction of the financial policies and regulatory reforms through consultations with officials from DMC finance ministries, central banks, and supervisory agencies.

Objectives and Scope
Linkage to Country/Regional Strategy
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
Business Opportunities
Consulting Services Lead Economist (1 international consultant, 9 person-months); Technical Experts (3-4 international consultants, 10 person-months); Manuscript and copyeditor (1 international consultant, 1 person-month); Typesetter (1 national consultant, 2 person-months); Economic Analyst and Project Coordinator (1 national consultant, 23 person months); Economic Analysts (2 national consultant, 46 person-months); Resource Persons (9-12 resource persons, 1.1 person-month)
Procurement Computer hardware and software, and database
Timetable for assistance design, processing and implementation
Concept Clearance 02 Jun 2011
Due Diligence
Credit Committee Meeting -
Approval 20 Sep 2011
Last PDS Update 06 Jun 2011
Title Document Type Document Date
Financial Regulatory Reforms in Asia Technical Assistance Reports Sep 2011

Safeguard Documents

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Evaluation Documents

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