Taiwan Academy of Banking and Finance (TABF) 台灣金融研訓院 ’s Post

Monetary Policy Transmission Channels 1. Interest Rate Channel: The transmission of monetary policy through interest rates has been less effective. The review highlights that while the impact on the short-term money market is immediate, the medium-term money market shows less responsiveness. Despite reductions in policy rates and the interest rate corridor's higher limit, the broader transmission to the credit market remains weak. 2. Lending Rates Channel: The effectiveness of monetary policy transmission through lending rates is limited. The readiness and health of the banking system significantly affect this channel. Issues within banks or their unwillingness to lend result in ineffective rate cuts, which fail to stimulate demand as intended. 3. Asset Price Channel: This channel is also noted to be ineffective. Despite lower interest rates, there has not been a significant increase in asset prices, such as real estate, due to subdued lending growth and low market confidence. 4. Exchange Rate Channel: The exchange rate channel has not been effective either. Lower domestic investment returns due to interest rate cuts have not led to substantial foreign capital inflows, impacting the domestic currency and trade balance. https://lnkd.in/ddjCnZH9

Time to talk to your clients about money. Based on survey, Malaysians are ready to invest again. Top source of wealth management guidance are banks, insurance companies and financial advisers. #investments #wealthmanagement #hsbcaffluentinvestorsnapshot #unittrust #unittrustmalaysia

Regulatory stringency as a competitive tool for financial centres This Bank of England Staff Working Paper develops a game-theoretic model in which financial regulators compete to attract internationally mobile banks by setting the level of regulatory stringency to meet both financial stability and growth objectives. The authors show that competitive deregulation will not arise if the relatively growth-focused regulator becomes even more growth focused, but it becomes more likely if the relatively stability-focused regulator becomes more growth focused. They also demonstrate that domestic nonregulatory inducements to retain banks (eg tax, labour laws) create an externality on the global equilibrium of regulatory stringency chosen by financial regulators with a growth objective.

Uncertainty about the elections this month has added to the impact of high global interest rates and a strong US dollar to keep cash on the sidelines. It’s no surprise then that investors, particularly foreign investors, have remained on the sidelines, waiting to see how matters unfold, writes Rishanth Pillay CA (SA). Should the good-news scenario on the political and interest rate front play out over the next six to 12 months, markets can look forward to a pickup in activity. Read more here: https://lnkd.in/eMb9P_pN

A draft document on the EU's priorities for the next five years, due to be adopted by heads of states and governments at the end of this month, urges the bloc to "achieve the Capital Markets Union and complete the Banking Union," according to a draft seen by MLex. The mention indicates the growing political importance of the Capital Markets Union.

📜⚖️ How have courts shaped the Banking Union over the past decade? As the #BankingUnion marks its first ten years, one crucial player often remains overlooked: the courts. In our latest #FBFblog, Director Thorsten Beck and Assistant Professor Christy Ann Petit draw insights from their recent paper for the ECON committee of the European Parliament, discussing how rulings by the General Court and the Court of Justice of the European Union (CJEU) have shaped the Union’s framework. 📚 Read the full blog [5-min read]: https://lnkd.in/dZg2KbJP #EUlaw #FinancialRegulation --- Robert Schuman Centre for Advanced Studies European University Institute

The Business Laws (Amendment) Bill 2024 proposes a progressive increase in the minimum core capital requirement for banks, from KES 1 billion in 2024 to KES 10 billion by 2027. What are your thoughts on this proposed policy? Does it mark a new era of stability and growth, or does it risk altering the fabric of our financial inclusivity? Let’s discuss in the comment section. #TheBusinessLawsAmendmentBill #BankingSector #FinancialSector #Economy #Banks

Shocking Truth: How US Monetary Policy is Made! Uncover the shocking truths about US monetary policy in this enlightening discussion. Join Speaker_00 as they dissect the peculiar process behind setting interest rates and its impact on everyday life. Discover why many find this approach alarming and its implications for the banking industry's stability! #MonetaryPolicy #EconomicInsights #BankingStability #InterestRates #FinanceEducation #USEconomy #PublicPerception #EconomicChallenges #SpeakerInsights #FinancialLiteracy

Yira Mascaró from The World Bank provided the foreword for the 2024/25 edition of the International Banking Review. The publication will include articles contributed by leading Advisory and Law Firms, highlighting financial opportunities/developments and domestic regulatory environments. To download the full review, please visit our website at: https://lnkd.in/d5akUrJp #banking #worldbank #monetarypolicy #bankingregulation #growthmarkets '

Essential steps needed for Capital market, Weak regulator, player responsibility for current situation - Finance Adviser ... how you see in this factors.