Slovenia : Pilot Diagnostic Review of Governance of the Banking Sector
The financial crises of the late 1990s in East Asia and Eastern Europe, as well as the recent corporate governance scandals in Europe and America, have highlighted the need for strong corporate governance in ensuring a sound and stable financial se...
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| Format: | Other Financial Sector Study |
| Language: | English en_US |
| Published: |
Washington, DC
2013
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2008/02/16465276/slovenia-pilot-diagnostic-review-governance-banking-sector http://hdl.handle.net/10986/12680 |
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okr-10986-12680 |
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| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ABUSE ABUSES ACCOUNTABILITY ACCOUNTING ACQUISITION ACQUISITIONS ARBITRAGE ASSET MANAGEMENT ASSETS AUDIT COMMITTEE AUDIT COMMITTEES AUDITING AUDITOR AUDITS BALANCE SHEET BANK CREDIT BANK FAILURES BANK MANAGEMENT BANK OF SLOVENIA BANK SUPERVISORS BANKING CRISES BANKING LAW BANKING LEGISLATION BANKING REGULATION BANKING SECTOR BANKING SUPERVISION BANKING SYSTEM BANKRUPTCY BANKS BENEFICIAL OWNERS BEST PRACTICE BEST PRACTICES BOARD MEETINGS BOARD MEMBER BOARD MEMBERS BOARDS OF DIRECTORS BONDS BRANCH OFFICE BRANCH OFFICES BUSINESS ETHICS BUSINESS RISKS BUSINESS STRATEGY CAPITAL ACCORDS CAPITAL ADEQUACY CAPITAL BASE CAPITAL FUND CAPITAL MARKETS CAPITAL REQUIREMENTS CAPITAL STANDARDS CENTRAL BANK CENTRAL BANK OF BOSNIA AND HERZEGOVINA CEO CHIEF EXECUTIVE CHIEF FINANCIAL OFFICER CLEARING CORPORATION CODE OF CONDUCT COLLAPSE COLLECTIVE COLLECTIVE INVESTMENT COMMERCIAL TRANSACTIONS COMPANIES ACT COMPANY COMPANY LAW CONFIDENCE CONFLICT OF INTEREST CONFLICT OF INTERESTS CONFLICTS OF INTEREST CONTROLLING SHAREHOLDERS CORPORATE GOVERNANCE CORPORATE GOVERNANCE ARRANGEMENTS CORPORATE GOVERNANCE CODE CORPORATE GOVERNANCE FRAMEWORK CORPORATE GOVERNANCE PRINCIPLES CORPORATE GOVERNANCE STANDARDS CORPORATION CORPORATIONS CREDIT INSTITUTIONS CREDIT RISK CREDIT-WORTHINESS CRIMINAL DEBT DEPOSITARY RECEIPT DEPOSITS DIRECT ACCESS DISCLOSURE DOCUMENTS DOMESTIC BANKS DUE CARE ECONOMIC DEVELOPMENT EMERGING MARKET EMERGING MARKETS EXCHANGE RATES EXTERNAL AUDITORS FACE VALUE FIDUCIARY DUTIES FIDUCIARY DUTY FIDUCIARY OBLIGATION FINANCIAL COMPANIES FINANCIAL CONGLOMERATE FINANCIAL CONGLOMERATES FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL DISCLOSURES FINANCIAL INFORMATION FINANCIAL INSTITUTIONS FINANCIAL MARKET FINANCIAL PERFORMANCE FINANCIAL REPORTS FINANCIAL SECTOR FINANCIAL SECTOR DEVELOPMENT FINANCIAL SERVICES FINANCIAL STABILITY FINANCIAL STATEMENTS FINANCIAL SYSTEM FINANCIAL SYSTEMS FOREIGN BANK FOREIGN BANKS FOREIGN CURRENCY FOREIGN EXCHANGE FOREIGN EXCHANGE EXPOSURE FOREIGN INVESTMENTS FOREIGN OWNERSHIP FRAUD GLOBAL CAPITAL GLOBAL CAPITAL MARKETS GOOD CORPORATE GOVERNANCE GOOD GOVERNANCE GOVERNANCE GUIDELINES GOVERNANCE PRACTICES GOVERNANCE RESPONSIBILITIES GOVERNANCE SYSTEMS GOVERNMENT OWNERSHIP GROSS DOMESTIC PRODUCT HARMONIZATION HOME BANKING INCOME INCOME SECURITIES INCORPORATED INDEPENDENT DIRECTOR INDEPENDENT DIRECTORS INDUSTRIAL COMPANIES INFORMATION ASYMMETRIES INSURANCE INTEGRITY INTEREST RATES INTERNAL AUDITS INTERNAL CONTROL INTERNAL CONTROLS INTERNATIONAL ACCOUNTING STANDARDS INTERNATIONAL BEST PRACTICE INTERNATIONAL STANDARDS JURISDICTION LARGE SHAREHOLDERS LEGAL PROVISION LEGISLATION LIABILITY LIMITED LOCAL BANK LOCAL LAWS LONG-TERM INVESTMENTS MAJOR SHAREHOLDER MANAGERS MARKET DISCIPLINE MARKET PARTICIPANTS MARKET SHARE MARKET VALUE MEMBER STATES MINORITY SHAREHOLDER MONEY LAUNDERING OPERATIONAL RISK OWNERSHIP STRUCTURE OWNERSHIP STRUCTURES PAYMENTS SYSTEM PEER REVIEW PENSION FUND PERSONS PRIVATE CORPORATIONS PRIVATE PENSION PRIVATE SECTOR DEVELOPMENT PRIVATIZATION PUBLIC POLICY RATING AGENCIES REGULATORY AGENCY REPUTATION RISK EXPOSURE RISK EXPOSURES RISK MANAGEMENT RISK MANAGEMENT POLICIES RISK MANAGEMENT POLICY RISK MANAGEMENT SYSTEM RISK MEASUREMENT SAVINGS SAVINGS BANKS SCANDALS SECURITIES SECURITIES MARKETS SECURITIES REGULATORS SHAREHOLDER RIGHTS SHAREHOLDERS SMALL BANKS STAKEHOLDERS STOCK EXCHANGE STOCK EXCHANGES STRONG CORPORATE GOVERNANCE STRONG GOVERNANCE SUBSIDIARIES SUBSIDIARY SUPERVISORY AGENCIES SUPERVISORY AGENCY SUPERVISORY AUTHORITIES SUPERVISORY BOARDS TRANSPARENCY UNION VOLATILITY WORLD DEVELOPMENT INDICATORS |
| spellingShingle |
ABUSE ABUSES ACCOUNTABILITY ACCOUNTING ACQUISITION ACQUISITIONS ARBITRAGE ASSET MANAGEMENT ASSETS AUDIT COMMITTEE AUDIT COMMITTEES AUDITING AUDITOR AUDITS BALANCE SHEET BANK CREDIT BANK FAILURES BANK MANAGEMENT BANK OF SLOVENIA BANK SUPERVISORS BANKING CRISES BANKING LAW BANKING LEGISLATION BANKING REGULATION BANKING SECTOR BANKING SUPERVISION BANKING SYSTEM BANKRUPTCY BANKS BENEFICIAL OWNERS BEST PRACTICE BEST PRACTICES BOARD MEETINGS BOARD MEMBER BOARD MEMBERS BOARDS OF DIRECTORS BONDS BRANCH OFFICE BRANCH OFFICES BUSINESS ETHICS BUSINESS RISKS BUSINESS STRATEGY CAPITAL ACCORDS CAPITAL ADEQUACY CAPITAL BASE CAPITAL FUND CAPITAL MARKETS CAPITAL REQUIREMENTS CAPITAL STANDARDS CENTRAL BANK CENTRAL BANK OF BOSNIA AND HERZEGOVINA CEO CHIEF EXECUTIVE CHIEF FINANCIAL OFFICER CLEARING CORPORATION CODE OF CONDUCT COLLAPSE COLLECTIVE COLLECTIVE INVESTMENT COMMERCIAL TRANSACTIONS COMPANIES ACT COMPANY COMPANY LAW CONFIDENCE CONFLICT OF INTEREST CONFLICT OF INTERESTS CONFLICTS OF INTEREST CONTROLLING SHAREHOLDERS CORPORATE GOVERNANCE CORPORATE GOVERNANCE ARRANGEMENTS CORPORATE GOVERNANCE CODE CORPORATE GOVERNANCE FRAMEWORK CORPORATE GOVERNANCE PRINCIPLES CORPORATE GOVERNANCE STANDARDS CORPORATION CORPORATIONS CREDIT INSTITUTIONS CREDIT RISK CREDIT-WORTHINESS CRIMINAL DEBT DEPOSITARY RECEIPT DEPOSITS DIRECT ACCESS DISCLOSURE DOCUMENTS DOMESTIC BANKS DUE CARE ECONOMIC DEVELOPMENT EMERGING MARKET EMERGING MARKETS EXCHANGE RATES EXTERNAL AUDITORS FACE VALUE FIDUCIARY DUTIES FIDUCIARY DUTY FIDUCIARY OBLIGATION FINANCIAL COMPANIES FINANCIAL CONGLOMERATE FINANCIAL CONGLOMERATES FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL DISCLOSURES FINANCIAL INFORMATION FINANCIAL INSTITUTIONS FINANCIAL MARKET FINANCIAL PERFORMANCE FINANCIAL REPORTS FINANCIAL SECTOR FINANCIAL SECTOR DEVELOPMENT FINANCIAL SERVICES FINANCIAL STABILITY FINANCIAL STATEMENTS FINANCIAL SYSTEM FINANCIAL SYSTEMS FOREIGN BANK FOREIGN BANKS FOREIGN CURRENCY FOREIGN EXCHANGE FOREIGN EXCHANGE EXPOSURE FOREIGN INVESTMENTS FOREIGN OWNERSHIP FRAUD GLOBAL CAPITAL GLOBAL CAPITAL MARKETS GOOD CORPORATE GOVERNANCE GOOD GOVERNANCE GOVERNANCE GUIDELINES GOVERNANCE PRACTICES GOVERNANCE RESPONSIBILITIES GOVERNANCE SYSTEMS GOVERNMENT OWNERSHIP GROSS DOMESTIC PRODUCT HARMONIZATION HOME BANKING INCOME INCOME SECURITIES INCORPORATED INDEPENDENT DIRECTOR INDEPENDENT DIRECTORS INDUSTRIAL COMPANIES INFORMATION ASYMMETRIES INSURANCE INTEGRITY INTEREST RATES INTERNAL AUDITS INTERNAL CONTROL INTERNAL CONTROLS INTERNATIONAL ACCOUNTING STANDARDS INTERNATIONAL BEST PRACTICE INTERNATIONAL STANDARDS JURISDICTION LARGE SHAREHOLDERS LEGAL PROVISION LEGISLATION LIABILITY LIMITED LOCAL BANK LOCAL LAWS LONG-TERM INVESTMENTS MAJOR SHAREHOLDER MANAGERS MARKET DISCIPLINE MARKET PARTICIPANTS MARKET SHARE MARKET VALUE MEMBER STATES MINORITY SHAREHOLDER MONEY LAUNDERING OPERATIONAL RISK OWNERSHIP STRUCTURE OWNERSHIP STRUCTURES PAYMENTS SYSTEM PEER REVIEW PENSION FUND PERSONS PRIVATE CORPORATIONS PRIVATE PENSION PRIVATE SECTOR DEVELOPMENT PRIVATIZATION PUBLIC POLICY RATING AGENCIES REGULATORY AGENCY REPUTATION RISK EXPOSURE RISK EXPOSURES RISK MANAGEMENT RISK MANAGEMENT POLICIES RISK MANAGEMENT POLICY RISK MANAGEMENT SYSTEM RISK MEASUREMENT SAVINGS SAVINGS BANKS SCANDALS SECURITIES SECURITIES MARKETS SECURITIES REGULATORS SHAREHOLDER RIGHTS SHAREHOLDERS SMALL BANKS STAKEHOLDERS STOCK EXCHANGE STOCK EXCHANGES STRONG CORPORATE GOVERNANCE STRONG GOVERNANCE SUBSIDIARIES SUBSIDIARY SUPERVISORY AGENCIES SUPERVISORY AGENCY SUPERVISORY AUTHORITIES SUPERVISORY BOARDS TRANSPARENCY UNION VOLATILITY WORLD DEVELOPMENT INDICATORS World Bank Slovenia : Pilot Diagnostic Review of Governance of the Banking Sector |
| geographic_facet |
Europe and Central Asia |
| description |
The financial crises of the late 1990s
in East Asia and Eastern Europe, as well as the recent
corporate governance scandals in Europe and America, have
highlighted the need for strong corporate governance in
ensuring a sound and stable financial sector. The governance
practices of banks are important because banks accept
deposits from the public, whose funds the government has an
implicit (and often an explicit) obligation to protect.
Banks are also subject to information asymmetries and high
leverage, both of which make banks vulnerable to a sudden
run on deposits where public confidence fails. The Slovenian
bank governance review has three objectives to: 1) conduct a
review of the Slovenian bank governance framework, 2) make
recommendations on provisions that would help to strengthen
the governance structure of banks in Slovenia, and 3) refine
the good practices developed for the pilot banking
governance review program. In addition, the international
community has encouraged the strengthening of governance in
the banking sector. The Slovenian banking sector has
successfully weathered the financial crisis seen in other
countries in 1997-1998, and has improved its stability.
However some shortcomings in bank governance remain. The
government remains the dominant owner of banks in Slovenia. |
| format |
Economic & Sector Work :: Other Financial Sector Study |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Slovenia : Pilot Diagnostic Review of Governance of the Banking Sector |
| title_short |
Slovenia : Pilot Diagnostic Review of Governance of the Banking Sector |
| title_full |
Slovenia : Pilot Diagnostic Review of Governance of the Banking Sector |
| title_fullStr |
Slovenia : Pilot Diagnostic Review of Governance of the Banking Sector |
| title_full_unstemmed |
Slovenia : Pilot Diagnostic Review of Governance of the Banking Sector |
| title_sort |
slovenia : pilot diagnostic review of governance of the banking sector |
| publisher |
Washington, DC |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2008/02/16465276/slovenia-pilot-diagnostic-review-governance-banking-sector http://hdl.handle.net/10986/12680 |
| _version_ |
1764422045215490048 |
| spelling |
okr-10986-126802021-04-23T14:03:05Z Slovenia : Pilot Diagnostic Review of Governance of the Banking Sector World Bank ABUSE ABUSES ACCOUNTABILITY ACCOUNTING ACQUISITION ACQUISITIONS ARBITRAGE ASSET MANAGEMENT ASSETS AUDIT COMMITTEE AUDIT COMMITTEES AUDITING AUDITOR AUDITS BALANCE SHEET BANK CREDIT BANK FAILURES BANK MANAGEMENT BANK OF SLOVENIA BANK SUPERVISORS BANKING CRISES BANKING LAW BANKING LEGISLATION BANKING REGULATION BANKING SECTOR BANKING SUPERVISION BANKING SYSTEM BANKRUPTCY BANKS BENEFICIAL OWNERS BEST PRACTICE BEST PRACTICES BOARD MEETINGS BOARD MEMBER BOARD MEMBERS BOARDS OF DIRECTORS BONDS BRANCH OFFICE BRANCH OFFICES BUSINESS ETHICS BUSINESS RISKS BUSINESS STRATEGY CAPITAL ACCORDS CAPITAL ADEQUACY CAPITAL BASE CAPITAL FUND CAPITAL MARKETS CAPITAL REQUIREMENTS CAPITAL STANDARDS CENTRAL BANK CENTRAL BANK OF BOSNIA AND HERZEGOVINA CEO CHIEF EXECUTIVE CHIEF FINANCIAL OFFICER CLEARING CORPORATION CODE OF CONDUCT COLLAPSE COLLECTIVE COLLECTIVE INVESTMENT COMMERCIAL TRANSACTIONS COMPANIES ACT COMPANY COMPANY LAW CONFIDENCE CONFLICT OF INTEREST CONFLICT OF INTERESTS CONFLICTS OF INTEREST CONTROLLING SHAREHOLDERS CORPORATE GOVERNANCE CORPORATE GOVERNANCE ARRANGEMENTS CORPORATE GOVERNANCE CODE CORPORATE GOVERNANCE FRAMEWORK CORPORATE GOVERNANCE PRINCIPLES CORPORATE GOVERNANCE STANDARDS CORPORATION CORPORATIONS CREDIT INSTITUTIONS CREDIT RISK CREDIT-WORTHINESS CRIMINAL DEBT DEPOSITARY RECEIPT DEPOSITS DIRECT ACCESS DISCLOSURE DOCUMENTS DOMESTIC BANKS DUE CARE ECONOMIC DEVELOPMENT EMERGING MARKET EMERGING MARKETS EXCHANGE RATES EXTERNAL AUDITORS FACE VALUE FIDUCIARY DUTIES FIDUCIARY DUTY FIDUCIARY OBLIGATION FINANCIAL COMPANIES FINANCIAL CONGLOMERATE FINANCIAL CONGLOMERATES FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL DISCLOSURES FINANCIAL INFORMATION FINANCIAL INSTITUTIONS FINANCIAL MARKET FINANCIAL PERFORMANCE FINANCIAL REPORTS FINANCIAL SECTOR FINANCIAL SECTOR DEVELOPMENT FINANCIAL SERVICES FINANCIAL STABILITY FINANCIAL STATEMENTS FINANCIAL SYSTEM FINANCIAL SYSTEMS FOREIGN BANK FOREIGN BANKS FOREIGN CURRENCY FOREIGN EXCHANGE FOREIGN EXCHANGE EXPOSURE FOREIGN INVESTMENTS FOREIGN OWNERSHIP FRAUD GLOBAL CAPITAL GLOBAL CAPITAL MARKETS GOOD CORPORATE GOVERNANCE GOOD GOVERNANCE GOVERNANCE GUIDELINES GOVERNANCE PRACTICES GOVERNANCE RESPONSIBILITIES GOVERNANCE SYSTEMS GOVERNMENT OWNERSHIP GROSS DOMESTIC PRODUCT HARMONIZATION HOME BANKING INCOME INCOME SECURITIES INCORPORATED INDEPENDENT DIRECTOR INDEPENDENT DIRECTORS INDUSTRIAL COMPANIES INFORMATION ASYMMETRIES INSURANCE INTEGRITY INTEREST RATES INTERNAL AUDITS INTERNAL CONTROL INTERNAL CONTROLS INTERNATIONAL ACCOUNTING STANDARDS INTERNATIONAL BEST PRACTICE INTERNATIONAL STANDARDS JURISDICTION LARGE SHAREHOLDERS LEGAL PROVISION LEGISLATION LIABILITY LIMITED LOCAL BANK LOCAL LAWS LONG-TERM INVESTMENTS MAJOR SHAREHOLDER MANAGERS MARKET DISCIPLINE MARKET PARTICIPANTS MARKET SHARE MARKET VALUE MEMBER STATES MINORITY SHAREHOLDER MONEY LAUNDERING OPERATIONAL RISK OWNERSHIP STRUCTURE OWNERSHIP STRUCTURES PAYMENTS SYSTEM PEER REVIEW PENSION FUND PERSONS PRIVATE CORPORATIONS PRIVATE PENSION PRIVATE SECTOR DEVELOPMENT PRIVATIZATION PUBLIC POLICY RATING AGENCIES REGULATORY AGENCY REPUTATION RISK EXPOSURE RISK EXPOSURES RISK MANAGEMENT RISK MANAGEMENT POLICIES RISK MANAGEMENT POLICY RISK MANAGEMENT SYSTEM RISK MEASUREMENT SAVINGS SAVINGS BANKS SCANDALS SECURITIES SECURITIES MARKETS SECURITIES REGULATORS SHAREHOLDER RIGHTS SHAREHOLDERS SMALL BANKS STAKEHOLDERS STOCK EXCHANGE STOCK EXCHANGES STRONG CORPORATE GOVERNANCE STRONG GOVERNANCE SUBSIDIARIES SUBSIDIARY SUPERVISORY AGENCIES SUPERVISORY AGENCY SUPERVISORY AUTHORITIES SUPERVISORY BOARDS TRANSPARENCY UNION VOLATILITY WORLD DEVELOPMENT INDICATORS The financial crises of the late 1990s in East Asia and Eastern Europe, as well as the recent corporate governance scandals in Europe and America, have highlighted the need for strong corporate governance in ensuring a sound and stable financial sector. The governance practices of banks are important because banks accept deposits from the public, whose funds the government has an implicit (and often an explicit) obligation to protect. Banks are also subject to information asymmetries and high leverage, both of which make banks vulnerable to a sudden run on deposits where public confidence fails. The Slovenian bank governance review has three objectives to: 1) conduct a review of the Slovenian bank governance framework, 2) make recommendations on provisions that would help to strengthen the governance structure of banks in Slovenia, and 3) refine the good practices developed for the pilot banking governance review program. In addition, the international community has encouraged the strengthening of governance in the banking sector. The Slovenian banking sector has successfully weathered the financial crisis seen in other countries in 1997-1998, and has improved its stability. However some shortcomings in bank governance remain. The government remains the dominant owner of banks in Slovenia. 2013-03-12T21:18:27Z 2013-03-12T21:18:27Z 2008-02 http://documents.worldbank.org/curated/en/2008/02/16465276/slovenia-pilot-diagnostic-review-governance-banking-sector http://hdl.handle.net/10986/12680 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Other Financial Sector Study Economic & Sector Work Europe and Central Asia |