01861cas a2200253 a 4500 AALejournalIMF006409 230101c9999 xx r poo 0 0eng d 5.00 USD 9781455200641 1018-5941 BD-DhAAL BD-DhAAL Sole, Juan. Cross-Border Financial Surveillance : A Network Perspective / Juan Sole, Marco Espinosa-Vega. Washington, D.C. : International Monetary Fund, 2010. 1 online resource (27 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 Effective cross-border financial surveillance requires the monitoring of direct and indirect systemic linkages. This paper illustrates how network analysis could make a significant contribution in this regard by simulating different credit and funding shocks to the banking systems of a number of selected countries. After that, we show that the inclusion of risk transfers could modify the risk profile of entire financial systems, and thus an enriched simulation algorithm able to account for risk transfers is proposed. Finally, we discuss how some of the limitations of our simulations are a reflection of existing information and data gaps, and thus view these shortcomings as a call to improve the collection and analysis of data on cross-border financial exposures. Mode of access: Internet Espinosa-Vega, Marco. IMF Working Papers; Working Paper ; No. 2010/105 Full text available on IMF http://elibrary.imf.org/view/journals/001/2010/105/001.2010.issue-105-en.xml IMF e-Library