Non-bank financial intermediaries in Latin America: Shadow Banking?

The aim of this study is to provide data on and an analysis of Shadow Banking (SB) in a heterogeneous group of nine Latin American countries. It is concluded that in these economies, the nature of SB is different from that in developed economies. While securitisation activities are performed in some...

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Detalles Bibliográficos
Autores: Roa, María José, Warman, Fanny
Tipo de recurso: artículo
Fecha de publicación:2015
País:España
Institución:Universidad Autónoma de Madrid
Repositorio:Biblos-e Archivo. Repositorio Institucional de la UAM
Idioma:español
OAI Identifier:oai:repositorio.uam.es:10486/685352
Acceso en línea:http://hdl.handle.net/10486/685352
https://dx.doi.org/10.1016/j.cesjef.2015.07.004
Access Level:acceso abierto
Palabra clave:Latin America
Non-bank financial intermediaries
Regulation
Shadow banking
Economía
Descripción
Sumario:The aim of this study is to provide data on and an analysis of Shadow Banking (SB) in a heterogeneous group of nine Latin American countries. It is concluded that in these economies, the nature of SB is different from that in developed economies. While securitisation activities are performed in some of these countries, they are relatively limited in scope. SB in these economies could be linked to certain financial inclusion institutions with a regulatory framework that is either non-existent or more lax than that which exists for banking institutions.