Some Issues in the Design of Monetary Instruments for the Operation of European Economic and Monetary Union
Some Issues in the Design of Monetary Instruments for the Operation of European Economic and Monetary Union

Author: Mr.Charles Enoch

Publisher: International Monetary Fund

Published: 1997-12-01

Total Pages: 23

ISBN-13: 1451858914

DOWNLOAD EBOOK

The European Monetary Institute has been working with national central banks of the European Union (EU) to prepare instruments for the operation of monetary policy in Stage 3 of European Economic and Monetary Union. Several publications describing the proposed arrangements have been issued. This paper briefly summarizes the arrangements and identifies some areas in which important decisions still have to be made or refinements introduced—including the choice of counterparties in fine-tuning open market operations; the design of reserve requirements; the signaling function of monetary operations; and payment system relationships with non-EMU participants in the EU.

The Euro
The Euro

Author: Michael Artis

Publisher: Taylor & Francis

Published: 2012-10-12

Total Pages: 417

ISBN-13: 1134604637

DOWNLOAD EBOOK

In this book leading financial professionals and academics examine the prospects for the European single currency. The impact of the Euro is assessed in terms of risks and opportunities for financial intermediaries, challenges for monetary and supervisory authorities and issues for portfolio management and corporate finance.

Cross-border Electronic Banking
Cross-border Electronic Banking

Author: Chris Reed

Publisher: CRC Press

Published: 2013-11-20

Total Pages: 316

ISBN-13: 1317704622

DOWNLOAD EBOOK

Cross-border Electronic Banking addresses everything from the changes made to payment clearing since the deregulation of cross-border flows of funds, to the development of capital adequacy ratios and the Euro. This insightful and revealing book, backed up by extensive practical experience, will alert you to the ways that electronic banking practices affect even the simplest daily transactions, and will unveil the legal technicalities imposed by these developments.