Enhancing Bank Supervision in Asia: Lessons Learned from the Financial Crisis

Michael J. Zamorski; Minsoo Lee

Enhancing Bank Supervision in Asia: Lessons Learned from the Financial Crisis

Zamorski, Michael J.; Lee, Minsoo | August 2015

Abstract

This study highlights the key attributes of effective supervision and regulation needed to enable developing Asia’s banking systems to support sound, sustainable growth and development. The last major episode of cross-border financial instability and banking crisis in developing Asia occurred more than 17 years ago. To extend this impressive record of relative calm, bank supervisory authorities in the region need to assess their supervisory systems, infrastructure, and actual practices. If the assessment reveals that changes, enhancements, or remedial action are needed, a definitive plan should be crafted and implemented in a timely way.

Citation

Zamorski, Michael J.; Lee, Minsoo. 2015. Enhancing Bank Supervision in Asia: Lessons Learned from the Financial Crisis. © Asian Development Bank. http://hdl.handle.net/11540/5103. License: CC BY 3.0 IGO.

ISSN

ISSN 2313-6537 (Print), 2313-6545 (e-ISSN)

New Energy Architecture: Myanmar

Asian Development Bank (Asian Development Bank, 2013-06-01)

This report is the culmination of a nine-month multistakeholder process investigating Myanmar’s energy architecture, which involved the Asian Development Bank, the World Economic Forum and Accenture, and aimed to understand the nation’s current energy architecture challenges and provide an overview of a path to a 'New Energy Architecture'.

This report is the culmination of a nine-month multistakeholder process investigating Myanmar’s energy architecture, which involved the Asian Development Bank, the World Economic Forum and Accenture, and aimed to understand the nation’s current energy ...
Diagnostic Study of Accounting and Auditing Practices in Sri Lanka

Athukorala, Sarath Lakshman (Asian Development Bank, 2002-12-01)

Although Sri Lanka had reasonable financial management arrangements before the finance company crisis, as a consequence of the subsequent corrective improvements, these arrangements now compare very well with those of other countries, at least for the private sector. In contrast, public corporation financial governance practices are poor, as are other public sector accounting arrangements. In the ...

Although Sri Lanka had reasonable financial management arrangements before the finance company crisis, as a consequence of the subsequent corrective improvements, these arrangements now compare very well with those of other countries, at least for the ...
Rising to the Challenge in Asia: A Study of Financial Markets: Volume 5 - India

Asian Development Bank (Asian Development Bank, 1999-06-30)

The Asian currency and financial crisis has had far-reaching effects on the regional economies and their trading partners. These effects have threatened to wash away the region’s significant social and economic advancement achieved during the preceding years of rapid growth. The crisis has also unveiled many intricate problems and challenges in macroeconomic management, banking and capital markets ...

The Asian currency and financial crisis has had far-reaching effects on the regional economies and their trading partners. These effects have threatened to wash away the region’s significant social and economic advancement achieved during the preceding ...

Home

About

Open Access Repository

Other Resources

Curators

Events

Contributing Think Tanks

Networks

Using Content

FAQs

Terms of Use