Public Credit Registries as a Tool for Bank Regulation and Supervision

Girault, Matias Gutierrez; Hwang, Jane

dc.creator	Girault, Matias Gutierrez
dc.creator	Hwang, Jane
dc.date	2012-03-19T18:43:06Z
dc.date	2012-03-19T18:43:06Z
dc.date	2010-12-01
dc.date.accessioned	2023-02-17T21:06:53Z
dc.date.available	2023-02-17T21:06:53Z
dc.identifier	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20101201132222
dc.identifier	http://hdl.handle.net/10986/3972
dc.identifier.uri	http://localhost:8080/xmlui/handle/CUHPOERS/244942
dc.description	This paper is about the importance of the information in Public Credit Registries (PCRs) for supporting and improving banking sector regulation and supervision, particularly in the light of the new approach embodied in Basel III. Against the backdrop of the financial crisis and the existence of information data gaps, the importance of complete, accurate and timely credit information in the financial system is evident. Both in normal times and during crises, authorities need a device that allows them to look at the universe of credits in a detailed and readily way. And more importantly, they need to develop tools that exploit as much as possible the information therein contained. PCR databases contain individual credit information on borrowers and their credits which makes it possible to implement advanced techniques that measure banks' credit risk exposure. It allows optimizing the prudential regulation ensuring that provisioning and capital requirements are properly calibrated to cover expected and unexpected losses respectively. It also permits validating banks' internal rating systems, performing stress tests and informing macroprudential surveillance. In this respect, it is envisioned that the existence of a PCR will be a key factor to enhance the supervision and regulation of the financial system. Furthermore, the extent, accuracy and availability of the information collected by the authorities will determine the usefulness of the PCR as part of their toolkit to monitor the potential vulnerabilities not only on a microprudential level, but also on a macroprudential one.
dc.language	English
dc.relation	Policy Research working paper ; no. WPS 5489
dc.rights	CC BY 3.0 IGO
dc.rights	http://creativecommons.org/licenses/by/3.0/igo/
dc.rights	World Bank
dc.subject	ACCESS TO CREDIT
dc.subject	ACCESS TO FINANCE
dc.subject	ACCOUNTING
dc.subject	ADVERSE SELECTION
dc.subject	AMORTIZATIONS
dc.subject	AMOUNT OF CREDITS
dc.subject	ARBITRAGE
dc.subject	ASSET BACKED SECURITIES
dc.subject	ASSET QUALITY
dc.subject	ASYMMETRIC INFORMATION
dc.subject	AVAILABILITY OF CREDIT
dc.subject	BACKED SECURITIES
dc.subject	BACKED SECURITY
dc.subject	BALANCE SHEET
dc.subject	BANK BORROWERS
dc.subject	BANK CAPITAL
dc.subject	BANK CREDIT
dc.subject	BANK CREDIT CARDS
dc.subject	BANK CREDITORS
dc.subject	BANK EXPOSURE
dc.subject	BANK FAILURES
dc.subject	BANK FOR INTERNATIONAL SETTLEMENTS
dc.subject	BANK LOAN
dc.subject	BANK LOANS
dc.subject	BANK MONITORING
dc.subject	BANK OF ENGLAND
dc.subject	BANK OF SPAIN
dc.subject	BANK PORTFOLIO
dc.subject	BANK PORTFOLIOS
dc.subject	BANK REGULATION
dc.subject	BANK RUNS
dc.subject	BANK SOLVENCY
dc.subject	BANK SUPERVISION
dc.subject	BANKING CRISIS
dc.subject	BANKING INDUSTRY
dc.subject	BANKING SECTOR
dc.subject	BANKING SUPERVISION
dc.subject	BANKING SYSTEM
dc.subject	BANKING SYSTEMS
dc.subject	BANKS
dc.subject	BORROWER
dc.subject	BORROWING
dc.subject	BUDGETING
dc.subject	BUSINESS ACTIVITY
dc.subject	BUSINESS CYCLE
dc.subject	CAPITAL ADEQUACY
dc.subject	CAPITAL REQUIREMENT
dc.subject	CAPITAL REQUIREMENTS
dc.subject	CAPITAL STANDARDS
dc.subject	CASH FLOW
dc.subject	CENTRAL BANK
dc.subject	CENTRAL BANKING
dc.subject	CENTRAL BANKS
dc.subject	COLLATERAL
dc.subject	COLLATERAL REGISTRIES
dc.subject	COLLATERALS
dc.subject	COMMERCIAL PAPERS
dc.subject	CONNECTED LENDING
dc.subject	CONSUMER PROTECTION
dc.subject	CREDIT BUREAU
dc.subject	CREDIT BUREAUS
dc.subject	CREDIT COOPERATIVES
dc.subject	CREDIT CULTURE
dc.subject	CREDIT DECISIONS
dc.subject	CREDIT DERIVATIVES
dc.subject	CREDIT GROWTH
dc.subject	CREDIT INFORMATION
dc.subject	CREDIT LINES
dc.subject	CREDIT LOSS
dc.subject	CREDIT MARKET
dc.subject	CREDIT MARKETS
dc.subject	CREDIT POLICIES
dc.subject	CREDIT PORTFOLIO
dc.subject	CREDIT PROVIDERS
dc.subject	CREDIT QUALITY
dc.subject	CREDIT RATING
dc.subject	CREDIT RATING AGENCIES
dc.subject	CREDIT REGISTRIES
dc.subject	CREDIT REGISTRY
dc.subject	CREDIT REPORTING
dc.subject	CREDIT REPORTING SYSTEMS
dc.subject	CREDIT REPORTS
dc.subject	CREDIT RISK
dc.subject	CREDIT RISK EXPOSURE
dc.subject	CREDIT RISK MANAGEMENT
dc.subject	CREDIT SCORING
dc.subject	CREDIT SCORING MODELS
dc.subject	CREDIT SUPERVISION
dc.subject	CREDIT SYSTEM
dc.subject	CREDITOR
dc.subject	CREDITORS
dc.subject	CREDITS
dc.subject	CREDITWORTHINESS
dc.subject	CURRENCY
dc.subject	CURRENCY RISK
dc.subject	DEBT
dc.subject	DEBT OBLIGATION
dc.subject	DEBT OBLIGATIONS
dc.subject	DEFAULT RATE
dc.subject	DEFAULT RISK
dc.subject	DELINQUENCY RATE
dc.subject	DELINQUENCY RATES
dc.subject	DEPOSITORS
dc.subject	DEPOSITS
dc.subject	DERIVATIVE
dc.subject	DEVELOPMENT BANK
dc.subject	EARNINGS
dc.subject	ECONOMIC GROWTH
dc.subject	ECONOMIC POLICY
dc.subject	ECONOMIC RISK
dc.subject	ECONOMICS
dc.subject	EMERGING MARKETS
dc.subject	EXTERNALITIES
dc.subject	FAMILIES
dc.subject	FEDERAL RESERVE
dc.subject	FEDERAL RESERVE SYSTEM
dc.subject	FINANCIAL COLLATERAL
dc.subject	FINANCIAL CRISES
dc.subject	FINANCIAL CRISIS
dc.subject	FINANCIAL DISTRESS
dc.subject	FINANCIAL INNOVATION
dc.subject	FINANCIAL INNOVATIONS
dc.subject	FINANCIAL INSTITUTION
dc.subject	FINANCIAL INSTITUTIONS
dc.subject	FINANCIAL INTERMEDIARIES
dc.subject	FINANCIAL MARKETS
dc.subject	FINANCIAL PERFORMANCE
dc.subject	FINANCIAL PRODUCTS
dc.subject	FINANCIAL RATIO
dc.subject	FINANCIAL REGULATION
dc.subject	FINANCIAL SERVICES
dc.subject	FINANCIAL STABILITY
dc.subject	FINANCIAL STRESS
dc.subject	FINANCIAL SYSTEM
dc.subject	FINANCIAL SYSTEMS
dc.subject	FORMS OF CREDIT
dc.subject	GUARANTOR
dc.subject	GUARANTORS
dc.subject	HOUSEHOLDS
dc.subject	HOUSING
dc.subject	ID
dc.subject	INDEBTEDNESS
dc.subject	INFORMATION ON BORROWERS
dc.subject	INFORMATION REQUIREMENTS
dc.subject	INFORMATION SHARING
dc.subject	INTEREST RATE
dc.subject	INTEREST RATES
dc.subject	INTERNATIONAL BANK
dc.subject	INTERNATIONAL BANKING
dc.subject	INTERNATIONAL CAPITAL
dc.subject	INTERNATIONAL FINANCIAL INSTITUTIONS
dc.subject	LENDERS
dc.subject	LENDING POLICIES
dc.subject	LINES OF CREDIT
dc.subject	LIQUIDITY
dc.subject	LOAN
dc.subject	LOAN DATA
dc.subject	LOAN DEFAULT
dc.subject	LOAN LOSS PROVISIONS
dc.subject	LOAN PORTFOLIO
dc.subject	LOAN PORTFOLIO QUALITY
dc.subject	LOAN PORTFOLIOS
dc.subject	LOAN REPAYMENT
dc.subject	MACROECONOMIC STABILITY
dc.subject	MACROECONOMIC VARIABLES
dc.subject	MARKET RISK
dc.subject	MATURITIES
dc.subject	MATURITY
dc.subject	MICROCREDIT
dc.subject	MICROFINANCE
dc.subject	MICROFINANCE INSTITUTIONS
dc.subject	MINIMUM CAPITAL REQUIREMENTS
dc.subject	MORAL HAZARD
dc.subject	MORTGAGE
dc.subject	OPERATIONAL RISK
dc.subject	OUTPUT LOSSES
dc.subject	OUTSTANDING DEBT
dc.subject	PAYMENT SYSTEMS
dc.subject	PORTFOLIO MANAGEMENT
dc.subject	PRESENT VALUE
dc.subject	PRIVATE CREDIT
dc.subject	PROBABILITY OF DEFAULT
dc.subject	PROBLEM BANKS
dc.subject	PROBLEM LOANS
dc.subject	PRUDENTIAL REGULATION
dc.subject	PUBLIC CREDIT
dc.subject	PUBLIC POLICY
dc.subject	RATING AGENCIES
dc.subject	RATING SYSTEMS
dc.subject	REAL ESTATE
dc.subject	REAL SECTOR
dc.subject	REGULATORY FRAMEWORK
dc.subject	REGULATORY FRAMEWORKS
dc.subject	REGULATORY OVERSIGHT
dc.subject	REGULATORY POLICY
dc.subject	REGULATORY REPORTS
dc.subject	RELATIONSHIP BANKING
dc.subject	REPAYMENT
dc.subject	REPAYMENT CAPACITY
dc.subject	RESERVES
dc.subject	RESIDENTIAL MORTGAGES
dc.subject	RETURNS
dc.subject	RISK MANAGEMENT POLICIES
dc.subject	RISK MANAGEMENT TOOLS
dc.subject	RISK MEASUREMENT
dc.subject	RISK MITIGATION
dc.subject	RISK OF BANK FAILURE
dc.subject	RISK PROFILE
dc.subject	RISK TAKING
dc.subject	RISK WEIGHTED ASSETS
dc.subject	SAVINGS
dc.subject	SECURITIZATION
dc.subject	SOLVENCY
dc.subject	STOCKS
dc.subject	SUBSIDIARY
dc.subject	SUPERVISORY AUTHORITIES
dc.subject	SUPERVISORY FRAMEWORK
dc.subject	TERM CREDITS
dc.subject	TRADING
dc.subject	TRANCHES
dc.subject	TRANSPARENCY
dc.subject	UNDERWRITERS
dc.subject	UNEMPLOYMENT
dc.subject	VALUATIONS
dc.title	Public Credit Registries as a Tool for Bank Regulation and Supervision
dc.type	Publications & Research :: Policy Research Working Paper
dc.coverage	The World Region
dc.coverage	The World Region