To what extent is regulatory forbearance an issue in the regulation of banking In Nigeria? If it is indeed a problem, what impact has it had on domestic banking crises, and how have they occurred? And could the problems be adequately addressed through the application of mandatory early resolution rules based on the regime applied under the Prompt Corrective Action system In the United Sates? This thesis begins by analysing regulatory forbearance generally, focusing on its causes and problems. As a background to the introduction of PCA rues, it examines the impact of forbearance on the US thrifts crisis. It focuses rules because they were developed specifically to address regulatory forbearance; their purpose was to curb discretion, and to compel swift resolution of failing banks in order to minimise costs. The PCA rules have been successfully applied in the US since 1991, during which time the banking system has remained largely stable.
| Identifer | oai:union.ndltd.org:bl.uk/oai:ethos.bl.uk:496234 |
| Date | January 2007 |
| Creators | Olajide-Awosedo, Olawunmi |
| Publisher | University of Manchester |
| Source Sets | Ethos UK |
| Detected Language | English |
| Type | Electronic Thesis or Dissertation |
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