Financial market report 1/2009
(15.04.2009)
Numero
1/2009Julkaisija
Bank of Finland
2009
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:bof-201408075137Tiivistelmä
1 Financial intermediation 4
1.1 Housing and property markets 4
2 Banks and insurance corporations 6
2.1 Weaker results in international banking 6
2.2 Finnish banks profitability declined but capital adequacy remained good 8
2.3 Employee pension insurers total results plummet 10
3 Securities markets 12
3.1 Is the mutual fund market recovering? 12
3.2 Bond markets still sluggish 13
4 Infrastructure 15
4.1 Central counterparty a new player in the securities trading infrastructure 15
4.2 New service providers take old regulatory status just before the new payment institutions act takes effect 17
5 Key regulatory and supervisory initiatives 19
5.1 De Larosière Group recommends reform of regulation and supervision 19
5.2 Public recapitalisation of banks 22
5.3 Financial regulation is not working how to fix it? 24
6 Key corporate arrangements and events in the financial sector 26
1.1 Housing and property markets 4
2 Banks and insurance corporations 6
2.1 Weaker results in international banking 6
2.2 Finnish banks profitability declined but capital adequacy remained good 8
2.3 Employee pension insurers total results plummet 10
3 Securities markets 12
3.1 Is the mutual fund market recovering? 12
3.2 Bond markets still sluggish 13
4 Infrastructure 15
4.1 Central counterparty a new player in the securities trading infrastructure 15
4.2 New service providers take old regulatory status just before the new payment institutions act takes effect 17
5 Key regulatory and supervisory initiatives 19
5.1 De Larosière Group recommends reform of regulation and supervision 19
5.2 Public recapitalisation of banks 22
5.3 Financial regulation is not working how to fix it? 24
6 Key corporate arrangements and events in the financial sector 26