Integrated financial market

Integrated financial market

A market in which there are no barriers to financial flows, and the same risk asset commands the same expected return, irrespective of domicile.

Integrated Financial Market

Any market where capital may flow freely. For example, a country with uniform tax laws and regulation usually has an integrated financial market because there are no circumstances where one's return will be reduced because of tax restrictions or different regulation. In other words, in an integrated financial market, investments of the same risk always have exactly the same expected return. See also: National market system.
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As the government pursues peso debt market development aimed at establishing an integrated financial market in the country, the Bangko Sentral ng Pilipinas has eased rules on financial institutions' bond and commercial paper issuances.
The problem comes - as seems increasingly likely, judging by the rhetoric - when national governments try to use the EU exit negotiations to build walls across the Channel to split Europe's integrated financial market in two, in order to force jobs from London," Browne said.
It strengthens them in key respects and ensures the viability of resolution tools in Europe's integrated financial market.
He added, 'without the complacent expansion of credit by the globally integrated financial market countries like the United States, then Ireland and Britain wouldn't be in the trouble that they find themselves today.
But the long-awaited directive, formally endorsed by EU finance ministers last week, is a central plank of an EU plan to create a single integrated financial market and make the region more internationally competitive.
The government will launch in November the peso debt market development roadmap aimed at establishing an integrated financial market in the country.
The OECD therefore believes that "an important challenge for the European authorities is to manage systemic risks to ensure financial stability in an integrated financial market.
Finally, the roadmap will establish an integrated financial market infrastructure that Espenilla had said 'will promote price discovery, transparency and orderly trading clearing and settlement of a full range of financial transactions.
In an increasingly integrated financial market, how are we to avoid a local crisis spiralling into a European catastrophe?
Finally, the roadmap will establish an integrated financial market infrastructure that Espenilla said 'will promote price discovery, transparency and orderly trading clearing and settlement of a full range of financial transactions.
EcoFin does nevertheless add a number of admittedly hackneyed recommendations: budgetary consolidation in line with the revised growth and stability pact, improving the sustainability of public finances, enhancing an integrated financial market (through the creation of a single payments area, for instance).
The EAPB cited as challenges its new leader faces an often "overregulated environment" and getting across the Association's views at a time when the European Commission is seeking to establish an integrated financial market - Financial Services Commissioner Charlie McCreevy is due to put forward a proposal on a Single European Payment Area by the end of November.
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