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Liệu các cơ quan giám sát ngân hàng có thể dựa vào dữ liệu thị trường? Một đánh giá nghiêm túc từ góc nhìn Thụy Sĩ
Tóm tắt
Dữ liệu thị trường, chẳng hạn như mức chênh lệch trái phiếu hoặc độ biến động giá cổ phiếu, là một nguồn bổ sung cho thông tin giám sát ngân hàng. Tại Thụy Sĩ, dữ liệu thị trường có ý nghĩa được cung cấp cho một số ngân hàng, những ngân hàng này chiếm một phần lớn của hệ thống ngân hàng. Mặc dù có một số hạn chế (tiêu cực do đảm bảo nhà nước đối với các ngân hàng bang và kỳ vọng 'quá lớn để sụp đổ' đối với các ngân hàng lớn), nhưng dữ liệu thị trường này có khả năng đóng vai trò giám sát trong tương lai. Tuy nhiên, khi thị trường kỳ vọng các cơ quan giám sát sẽ phản ứng với dữ liệu thị trường, những dữ liệu này trở nên nội sinh. Điều này có thể đe dọa chính tiềm năng của dữ liệu thị trường để phục vụ như những hướng dẫn chính sách.
Từ khóa
#dữ liệu thị trường #giám sát ngân hàng #Thụy Sĩ #chênh lệch trái phiếu #biến động giá cổ phiếuTài liệu tham khảo
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