Macroprudential: Difference between revisions
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imported>Doug Williamson (Added term from Glossry for Wiki alignment) |
imported>Doug Williamson (Expand bank regulation context. Source: MCT bank regulation study material.) |
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Regulation for the welfare of the financial system as a whole rather than individual financial institutions. | Regulation for the welfare of the financial system as a whole rather than individual financial institutions. | ||
One insight from the Global Financial Crisis (GFC) was that bank viability regulation at the macro/systemic level had been dangerously neglected pre-crisis. | |||
== See also == | == See also == | ||
* [[Microprudential]] | * [[Microprudential]] | ||
* [[GFC]] | |||
Revision as of 12:31, 1 September 2015
Regulation for the welfare of the financial system as a whole rather than individual financial institutions.
One insight from the Global Financial Crisis (GFC) was that bank viability regulation at the macro/systemic level had been dangerously neglected pre-crisis.
