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.

References in periodicals archive

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.

BSP eases rules on bond, IOU issues

It strengthens them in key respects and ensures the viability of resolution tools in Europe's integrated financial market.

EU proposes measures to avoid future bank bail-outs

It can seem that the financial crisis was exported from the United States and that the waves of liquidity surging around the world ended up washing away several years of growth in the advanced economies.' 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.'

-Irish central bank chief blames US for economic crisis in the nation

We discuss the design of fiscal policy in (a Single Market) Europe, looking at fiscal pacts and the need for Europe-wide financial regulation in an integrated financial market as well as pension reform aspects.

Policy design and macroeconomic stability in Europe

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.

City View: Another week and another pension wrangle

The government will launch in November the peso debt market development roadmap aimed at establishing an integrated financial market in the country.

Capital market reforms to be launched in November

No, the real problem is that Europe has not created the unionwide institutions that an integrated financial market requires.

Thinking the unthinkable: the eurozone may not be viable

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. The financial market turmoil has highlighted gaps in the regulatory and supervisory framework".

EUROZONE : OECD TARGETS FAILINGS IN FINANCIAL SUPERVISION

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.'

Repo to be launched before yearend, says Nat'l Treasury

In an increasingly integrated financial market, how are we to avoid a local crisis spiralling into a European catastrophe?

Financial services: concerns grow over financial supervision

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.'

BSP sets 'game plan' to accelerate peso debt market dev't