01930cas a2200241 a 4500 AALejournalIMF001469 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451964745 1018-5941 BD-DhAAL BD-DhAAL Marston, Dewitt. Financial System Standards and Financial Stability : The Case of the Basel Core Principles / Dewitt Marston. Washington, D.C. : International Monetary Fund, 2001. 1 online resource (33 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The relationship between the observance of financial system standards and financial stability is complex owing to the multitude of macroeconomic and structural factors affecting stability. Therefore, assessments of standards in terms of technical criteria for compliance needs to be reinforced with additional information on other factors affecting risks in order to assess financial stability. Preliminary evidence from country data on observance of Basel Core Principles (BCPs) suggests that indicators of credit risk and bank soundness are primarily influenced by macroeconomic and macroprudential factors and that the direct influence of compliance with Basel Core Principles on credit risk and soundness is insignificant. BCP compliance could, however, influence risk and soundness indirectly through its influence on the impact of other macro variables. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2001/062 Full text available on IMF http://elibrary.imf.org/view/journals/001/2001/062/001.2001.issue-062-en.xml IMF e-Library