| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP12465 |
| DP12465 Regulatory Reform: A Scorecard | |
| Stephen Cecchetti; Kermit Schoenholtz | |
| 发表日期 | 2017-11-27 |
| 出版年 | 2017 |
| 语种 | 英语 |
| 摘要 | The financial crisis of 2007-09 revealed many deficiencies in the financial system. In response, authorities have implemented a wide range of regulatory reforms. We survey the reforms and offer our views on where there could be further improvements. While capital requirements and levels are far higher, they are not high enough. New liquidity requirements are useful, but need simplification. Shifting derivatives transactions to central counterparties has improved resilience, but also created indispensable financial market utilities that lack credible resolution and recovery regimes. And systemic (macroprudential) regulation lacks the metrics, policy tools, governance structure, and international cooperation needed to be effective. |
| 主题 | International Macroeconomics and Finance |
| 关键词 | Financial regulation Capital requirements Liquidity requirements Central clearing Recovery and resolution planing Macro-financial linkages Macroprudential policy Prudential regulation |
| URL | https://cepr.org/publications/dp12465 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/541276 |
| 推荐引用方式 GB/T 7714 | Stephen Cecchetti,Kermit Schoenholtz. DP12465 Regulatory Reform: A Scorecard. 2017. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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。
