Development And Regulation Of Nonbank Financial Institutions,New

Development And Regulation Of Nonbank Financial Institutions,New

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The principal role played by the financial system in any country is to provide the infrastructure to allow surplus resources to be allocated to those individuals and companies with deficits. The positive impact of a functioning financial system upon economic growth of a country is well documented. In most countries, the financial system extends beyond traditional banking institutions to include insurance companies, mutual funds, market makers and other financial service providers. These nonbank financial institutions provide services that are not necessarily suited to banks, serve as competition to banks, and specialize in sectors or groups. Having a multifaceted financial system, which includes nonbank financial institutions, can protect economies from financial shocks. However, in developing countries that lack a coherent policy framework and effective regulations, nonbank financial institutions can exacerbate the fragility of the financial system.This book helps build an awareness of the potential of nonbank financial institutions for developing countries. It aims to assist policymakers in the creation of coherent policy structures, and sound regulatory and supervisory environments for the development of these institutions. It assists policymakers in learning the essential functions and characteristics of nonbank financial institutions with select chapters on insurance companies, mutual funds and pension schemes, securities markets, and leasing and real estate companies.

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We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.

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To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.

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Warranty

We provide a 2-year limited warranty, from the date of purchase for all our products.

If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.

This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).

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