Many have attributed the latest crisis to poor regulation, though an inability to enforce existing regulation and supervisory guidance and a lack of recognition of the need for systemic risk regulation were likely more important contributing causes to the current situation. This paper examines the need to return to 'first principles' for financial sector regulation, that is, a review of why and when regulation of financial intermediaries is needed...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2009/06/15
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Рабочие документы
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53524
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1
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1
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2010/07/01
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Disclosed
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The road to re-regulation : repainting the center line and erecting more guardrails
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systemic risk
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