Out of crisis springs opportunity. Out of this crisis has sprung the opportunity to conduct a wholly new approach to financial regulation – so-called macro-prudential regulation. At warp speed, this regulatory edifice has gone from architect’s drawing board to builder’s construction site.
New systemic risk agencies are emerging across the globe – the Financial Stability Oversight Council in the US, the European Systemic Risk Board (ESRB) in Europe and the Financial Policy Committee (FPC) in the
The week on Risk.net, December 2–8, 2017Receive this by email