Bankowe ryzyko systemowe. Źródła i instrumenty redukcji

Spis treści:

Wprowadzenie

Rozdział 1. Identyfikacja i pomiar ryzyka systemowego

1.1. Ryzyko systemowe a kryzysy systemowe
1.2. Metody analizy i pomiaru ryzyka systemowego
1.2.1. Wskaźniki stabilności finansowej
1.2.2. Modele analizy ryzyka
1.3. Systemy wczesnego ostrzegania przed bankowym ryzykiem systemowym
1.4. Testy warunków skrajnych

Rozdział 2. Identyfikacja banków o znaczeniu systemowym

2.1. Miary bezwzględne
2.2. Miary złożone
 
Rozdział 3. Ponadsektorowe źródła bankowego ryzyka systemowego

3.1. Czynniki pozaekonomiczne
3.2. Czynniki instytucjonalne
3.2.1. Polityka rządu i kryzys finansów publicznych
2.2.2. Kształt i funkcjonowanie sieci bezpieczeństwa finansowego
3.3. Interakcje międzysektorowe i międzyrynkowe
3.3.1. Kanały transmisji szoków i efekt zarażania
3.3.2. Sytuacja na rynku nieruchomości

Rozdział 4. Sektorowe źródła bankowego ryzyka systemowego

4.1. Stopień rozwoju rynku
4.1.1. Poziom konkurencji
4.1.2. Struktura właścicielska
4.2. Rynek międzybankowy jako źródło finansowania banków
4.3. Instrumenty i innowacje finansowe
4.4. Równoległy system bankowy
4.5. Zawodność instytucji otoczenia sektora bankowego

Rozdział 5. Indywidualne źródła bankowego ryzyka systemowego

5.1. Zawodność regulacji mikroostrożnościowych
5.2. Materializacja ryzyka bankowego
5.3. Zawodność obowiązków informacyjnych

Rozdział 6. Ponadsektorowe instrumenty redukcji bankowego ryzyka systemowego

6.1. Polityka i narzędzia makroostrożnościowe
6.1.1. Charakter polityki i cele narzędzi makroostrożnościowych
6.1.2. Regulacje antycykliczne
6.2. Pomoc publiczna i zarządzanie kryzysowe
6.3. Międzynarodowa integracja i współpraca instytucji  sieci bezpieczeństwa
6.4.  Pokryzysowa rola banków centralnych

Rozdział 7. Sektorowe instrumenty redukcji bankowego ryzyka systemowego

7.1. Systemowe zróżnicowanie regulacji indywidualnych
7.2. Wzrost poziomu konkurencji i redukcja skali działalności banków
7.3. Oddzielenie bankowości depozytowo-kredytowej od inwestycyjnej
7.4. Podatki i opłaty sektorowe
7.5. Redukcja efektów zarażania
7.5.1. Rynek papierów wartościowych
7.5.2. Audyt motywacyjny

Rozdział 8. Indywidualne instrumenty redukcji bankowego ryzyka systemowego

8.1. Modyfikacja norm adekwatności kapitałowej
8.1.1. Normy uwzględniające ryzyko aktywów
8.1.2. Wskaźnik dźwigni
8.2. Modyfikacja norm płynności i stabilnego finansowania
8.3. Dodatkowe narzędzia ilościowe
8.3.1. Uzupełniające normy i miary bezpieczeństwa
8.3.2. Instrumenty dłużne konwertowane na kapitał
8.4. Eliminacja arbitrażu regulacyjnego
8.5. Poprawa jakości zarządzania w bankach
8.5.1. Kultura korporacyjna
8.5.2. Regulacja zasad wynagrodzeń w bankach
 
Rozdział 9. Przymusowa restrukturyzacja banków jako hybrydowe narzędzie redukcji bankowego ryzyka systemowego

9.1. Przymusowa restrukturyzacja banków w europejskiej sieci bezpieczeństwa finansowego
9.2. Charakter przymusowej restrukturyzacji
9.3. Skutki przymusowej restrukturyzacji banków
9.3.1. Efekty systemowe
9.3.2. Pozaekonomiczne efekty społeczne

Podsumowanie
Bibliografia
Akty prawne
Spis schematów
Spis tabel

Wprowadzenie

Prof. zw. dr hab. Alfred Janc:

Treść książki jest autorsko uporządkowaną głęboką analizą natury bankowego ryzyka systemowego i instrumentów, które mogą i powinny służyć ograniczaniu tego ryzyka. Autor przeprowadził niezwykle staranne studia nad dorobkiem światowej literatury w badanym obszarze, konfrontując wyniki badań z rezultatami zmian dokonujących się w praktyce, zarówno w odniesieniu do regulacji, jak i instytucji mających służyć ograniczaniu ryzyka systemowego. Podstawą realizacji zadania jest autorski podział tego rodzaju ryzyka na ryzyko ponadsektorowe, sektorowe oraz indywidualne.

Aktualność oraz znaczenie zarówno podstawowego problemu zawartego w książce, jak i bardzo wielu zagadnień objętych analizą, takich jak znaczenie jakości zarządzania w bankach, rola stress testów, miejsce audytu, czy przymusowa restrukturyzacja banków, czyni niniejszą monografię godną polecenia zarówno dla badaczy zajmujących się problematyką gospodarki i finansów, w tym studentów kierunków ekonomiczno-finansowym, jak i dla praktyków funkcjonujących na rynkach finansowych – w bankach oraz instytucjach okołobankowych.

Książka Bankowe ryzyko systemowe – źródła i instrumenty redukcji autorstwa Jana Koleśnika stanowi niezwykle cenną pozycję polskiej literatury w obszarze ekonomii i finansów w czasach, w których z jednej strony postępują procesy finansjalizacji gospodarek, przy czym wiodące miejsce w tych procesach zajmują banki, a z drugiej – w obliczu zagrożenia zjawiskami kryzysowymi – mnożone zaczęły być i nadal są regulacje dotyczące właśnie banków.

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Akty prawne
 
1.  Rozporządzenie Parlamentu Europejskiego i Rady (UE) nr 1176/2011 z dnia 16 listopada 2011 r.
w sprawie zapobiegania zakłóceniom równowagi makroekonomicznej i ich korygowania (Official
Journal Nr L 306 z 23 XI 2011 r.).
2.  Rozporządzenie  Parlamentu  Europejskiego  i  Rady  (UE)  nr  236/2012  z  dnia  14  marca  2012  r.  
w  sprawie  krótkiej  sprzedaży  i  wybranych  aspektów  dotyczących  swapów  ryzyka  kredytowego
(Official Journal Nr L 86 z 24 III 2012 r.).
3.  Rozporządzenie Parlamentu Europejskiego i Rady (UE) nr 575/2013 z dnia 26 czerwca 2013 r.  
w sprawie wymogów ostrożnościowych dla instytucji kredytowych i firm inwestycyjnych, zmie-
niające rozporządzenie 648/2012 (Official Journal Nr L 176 z 27 VI 2013 r.).
4.  Rozporządzenie  Parlamentu  Europejskiego  i  Rady  (UE)  nr  806/2014  z  dnia  15  lipca  2014  r.  
ustanawiające jednolite zasady i jednolitą procedurę restrukturyzacji i uporządkowanej likwidacji
instytucji  kredytowych  i  niektórych  firm  inwestycyjnych  w  ramach  jednolitego  mechanizmu  
restrukturyzacji i uporządkowanej likwidacji oraz jednolitego funduszu restrukturyzacji i uporząd-
kowanej  likwidacji  oraz  zmieniające  rozporządzenie  Parlamentu  Europejskiego  i  Rady  (UE)  
nr 1093/2010 (Official Journal Nr L 225 z 30 VII 2014 r.).
5.  Dyrektywa Parlamentu Europejskiego i Rady 2013/36/UE z dnia 26 czerwca 2013 r. w sprawie
warunków  dopuszczenia  instytucji  kredytowych  do  działalności  oraz  nadzoru  ostrożnościowego
nad  instytucjami  kredytowymi  i  firmami  inwestycyjnymi,  zmieniającą  dyrektywę  2002/87/WE  
i uchylającą dyrektywy 2006/48/WE oraz 2006/49/WE (Official Journal Nr L 176 z 27 VI 2013 r.).
6.  Dyrektywa Parlamentu Europejskiego i Rady 2014/59/UE z dnia 15 maja 2014 r. ustanawiająca
ramy  na  potrzeby  prowadzenia  działań  naprawczych  oraz  restrukturyzacji  i  uporządkowanej  
likwidacji w odniesieniu do instytucji kredytowych i firm inwestycyjnych oraz zmieniająca dyrek-
tywę  Rady  82/891/EWG  i  dyrektywy  Parlamentu  Europejskiego  i  Rady  2001/24/WE,
2002/47/WE,  2004/25/WE,  2005/56/WE,  2007/36/WE,  2011/35/UE,  2012/30/UE  i  2013/36/EU
oraz  rozporządzenia  Parlamentu  Europejskiego  i  Rady  (UE)  nr  1093/2010  i  (UE)  nr  648/2012  
(Official Journal Nr L 173 z 12 VI 2014 r.).
7.  Rozporządzenie  delegowane  Komisji  (UE)  nr  604/2014  z  dnia  4  marca  2014  r.  uzupełniające
dyrektywę  Parlamentu  Europejskiego  i  Rady  2013/36/UE  w  odniesieniu  do  regulacyjnych  stan-
dardów technicznych w  odniesieniu do kryteriów jakościowych i właściwych kryteriów ilościo-
wych ustalania kategorii pracowników, których działalność zawodowa ma istotny wpływ na profil
ryzyka instytucji (Official Journal Nr L 167 z 6 VI 2014 r.).
8.  Ustawa z dnia 5 sierpnia 2015 r. o nadzorze makroostrożnościowym nad systemem finansowym  
i zarządzaniu kryzysowym w sektorze finansowym (DzU z 2015 r., poz. 1513 ze zm.).
9.  The Dodd-Frank Wall Street Reform and Consumer Protection Act (Pub.L. 111–203).