Macroprudential: Difference between revisions
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imported>Doug Williamson (Expand bank regulation context. Source: MCT bank regulation study material.) |
imported>Doug Williamson (Expand.) |
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Regulation for the welfare of the financial system as a whole rather than individual financial institutions. | ''Bank regulation''. | ||
Regulation for the welfare of the financial system as a whole, rather than individual financial institutions alone. | |||
One insight from the Global Financial Crisis (GFC) was that bank viability regulation at the macro/systemic level had been dangerously neglected pre-crisis. | One insight from the Global Financial Crisis (GFC) was that bank viability regulation at the macro/systemic level had been dangerously neglected pre-crisis. |
Revision as of 05:57, 27 March 2016
Bank regulation.
Regulation for the welfare of the financial system as a whole, rather than individual financial institutions alone.
One insight from the Global Financial Crisis (GFC) was that bank viability regulation at the macro/systemic level had been dangerously neglected pre-crisis.