WCBT Undergraduate Publications
A New Regulatory Framework Of Financial Institutions In The Aftermath Of The Global Financial Crisis
Document Type
Article
Publication Date
4-2010
Abstract
Three years since the outbreak of the global financial and economic crisis and two years since the global markets’ turmoil following the Lehman Brothers’ bankruptcy and the US government’s bail-out of AIG, reforming the regulatory structure for financial institutions and platforms has achieved some visible progress. Though the new architecture is far from being finished, the main challenge is to implement what has been agreed upon in commitments and framework legislation, without losing track of the target to soundly improve global financial stability and effectively resolve future global crises on its way.
Against this background, this paper examines the emerging new regulatory framework of financial institutions in the aftermath of the global financial crisis of 2007-2010, focusing in particular on macro- and micro-prudential, capital market and related reform initiatives of the G20 and the FSB, of the US and the European Union.
Submitted as the Final Project Paper for FN 661 "Global Financial Markets and Institutions", taught by Dr. Lucjan T. Orlowski, Sacred Heart University John F. Welch College of Business, Luxembourg Campus
Recommended Citation
Zantis, Ingrid, "A New Regulatory Framework Of Financial Institutions In The Aftermath Of The Global Financial Crisis" (2010). WCBT Undergraduate Publications. 1.
https://digitalcommons.sacredheart.edu/wcob_sp/1
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Comments
FN661, Global Financial Markets And Institutions. Course taught by Dr. Lucjan T. Orlowski.