Gateway to Think Tanks
来源类型 | Publications - Policy Papers |
规范类型 | 简报 |
DOI | 978-2-86592-819-4 |
The G20 and the Challenge of International Financial Re-regulation Notes de l'Ifri, January 2011 | |
Jacques MISTRAL | |
发表日期 | 2011-01-18 |
出版年 | 2011 |
概述 | The crisis, it is now widely accepted, means that markets failed. Meeting for the first time in Washington in November 2008, the G20 embarked in a ride of re-regulation. Months of negotiations later, it dramatically appears different to agree on principles and broad objectives, and to write... |
摘要 |
The G20 and the Challenge of International Financial Re-regulation Notes de l'Ifri, January 2011
The crisis, it is now widely accepted, means that markets failed. Meeting for the first time in Washington in November 2008, the G20 embarked in a ride of re-regulation. Months of negotiations later, it dramatically appears different to agree on principles and broad objectives, and to write and enforce rules and commitments. Toronto, the fourth G20 summit, delivered few tangible progresses. The paper first discusses the fundamental reasons why international convergence of financial regulations is difficult in a multipolar and heterogeneous world. Nevertheless, the prevention of systemic risk and the reinforcement of bank regulation and supervision have made significant steps forward and will testify in Seoul of successful actions following the G2O decisions. This exemplifies what we call “workable convergence”. For the future, the agenda will raise more treacherous questions like the treatment of SIFIs and derivatives. Views could be even more confrontational regarding the convergence of accounting standards and the activity of investment banking. The conclusion discusses the chance to make the financial system safer and calls for the Seoul summit not only capitalizing on existing results but giving a fresh momentum to improve the convergence of international financial standards. (September 24th, 2010)
The G20 and the Challenge of International Financial Re-regulation
|
关键词 | Finance G20 International Coordination regulation |
URL | https://www.ifri.org/en/publications/enotes/notes-de-lifri/g20-and-challenge-international-financial-re-regulation |
来源智库 | French Institute of International Relations (France) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/415459 |
推荐引用方式 GB/T 7714 | Jacques MISTRAL. The G20 and the Challenge of International Financial Re-regulation Notes de l'Ifri, January 2011. 2011. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
enoteg20janvier2011.(29KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | ![]() 浏览 | ||
noteifrijmistralg20.(716KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。