WCBT Undergraduate Publications

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

Comments

FN661, Global Financial Markets And Institutions. Course taught by Dr. Lucjan T. Orlowski.

Creative Commons License

Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License
This work is licensed under a Creative Commons Attribution-NonCommercial-Share Alike 4.0 International License.


Share

COinS
 
 

To view the content in your browser, please download Adobe Reader or, alternately,
you may Download the file to your hard drive.

NOTE: The latest versions of Adobe Reader do not support viewing PDF files within Firefox on Mac OS and if you are using a modern (Intel) Mac, there is no official plugin for viewing PDF files within the browser window.