Pascual, Antonio Garcia; Cayazzo, Jorge; Heysen, Socorro; … - International Monetary Fund (IMF) - 2006
. The tendency to underprice systemic liquidity risk and currency-induced credit risk creates vulnerabilities that need … supervisory responses. The framework seeks to induce agents to better internalize risks by implementing a risk based approach to … supervision, following the risk management guidelines of the Basel Committee, and by establishing buffers to cover higher …