ppt_ch02a The Banking Sector 外汇与 及外汇市场 .pptVIP

Copyright ? 2003 McGraw-Hill Australia Pty Ltd PPTs t/a Financial Accounting by Willis Objectives of regulation and prudential supervision Reasons for regulation of banks Importance of the banking sector for health of the economy Prudential supervision Control of the money supply The imposition and monitoring of standards designed to ensure the soundness and stability of the banking sector Ensuring that savers have confidence in the institutions as safe repositories for their funds Copyright ? 2003 McGraw-Hill Australia Pty Ltd PPTs t/a Financial Accounting by Willis Objectives of regulation and prudential supervision (cont.) Reserve Bank has moved to a market-oriented rather than a direct regulatory approach Bank prudential regulation no longer relies on heavily prescribing the asset composition of the bank’s balance sheet It now imposes a set of guidelines that allows the banks a wide range of options in their lending patterns, but forces those banks that adopt relatively high-risk lending strategies to support their activities with relatively higher proportions of shareholder’s funds Copyright ? 2003 McGraw-Hill Australia Pty Ltd PPTs t/a Financial Accounting by Willis Wallis Report Inquiry into the Australian Financial System with a focus on the effect of compulsory superannuation and changing savings patterns on customer needs technology facilitating easy access to a greater range of financial products the need for a change in regulatory framework motivated by financial market globalisation and the Campbell Report findings the changing financial landscape due to the evolution of business needs, financial markets and products * Copyright ? 2003 McGraw-Hill Australia Pty Ltd PPT Slides t/a Financial Institutions, Instruments and Markets 4/e by Christopher Viney * Copyright ? 2003 McGraw-Hill Australia Pty Ltd PPTs t/a Financial Accounting by Willis Chapter 2 The Banking Sector Websites: .au .au .au Copyright ? 2003 McGraw-Hill Australia Pty Ltd PPTs t/a