Buy this book
![Loading indicator](/images/ajax-loader-bar.gif)
The objective of this paper is to provide a balanced assessment of international cooperation among financial regulators, with a focus on banking supervision. While recognizing the undeniable -- and even unexpected -- achievements of these regulators in building a cooperative framework for financial supervision, we also suggest that this remains a work in progress, given the contemporary financial risk environment. Briefly, we argue that this environment -- to the extent we understand it, for it remains opaque in important respects -- has an almost paradoxical quality, in that risk has become both more consolidated and more atomized at the same time. On the one hand, large and complex financial institutions (LCFIs) which may be "too big to fail", increasingly dominate the banking landscape; on the other, these same institutions have shifted at least a portion of their risks onto other firms and households, whose absorptive capacity has yet to be severely tested. It is the effectiveness of the international supervisory architecture in the face of this risk environment that we consider, and we then provide some suggestions for future policy reforms.
Buy this book
![Loading indicator](/images/ajax-loader-bar.gif)
Showing 1 featured edition. View all 1 editions?
Edition | Availability |
---|---|
1
Architects of stability?: international cooperation among financial supervisors
2006, Bank for International Settlements
electronic resource :
in English
|
aaaa
|
Book Details
Edition Notes
Title from PDF file (viewed on May 31, 2006).
"Monetary and Economic Department."
"February 2006."
Includes bibliographical references.
Also available in print.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.
Classifications
External Links
The Physical Object
ID Numbers
Community Reviews (0)
Feedback?History
- Created December 17, 2020
- 1 revision
Wikipedia citation
×CloseCopy and paste this code into your Wikipedia page. Need help?
December 17, 2020 | Created by MARC Bot | Imported from Library of Congress MARC record |