Tailor-Made Regulation

Tailor-Made Regulation

With the global economy stalled, weaker financial institutions will inevitably falter and regulators will be challenged to protect and, if necessary, recover those institutions' assets as quickly as possible at the lowest possible cost. In the past, this has proved to be a difficult task for many Latin American financial regulators. Deposit insurers such as the AGD in Ecuador, IPAB in Mexico or SEDESA in Argentina have all found themselves to be either direct or indirect custodians of billions of dollars of assets. When this has occurred, these assets have often been "parked" in various ways. Frank Brown

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