The Turner review a regulatory response to the global banking crisis [electronic resource]
Language: English Publication details: London FSA 2009Subject(s): LOC classification:- 333.33 $2 18
| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Book | Virtual Online | ONLINE PUBLICATION (Browse shelf(Opens below)) | 1 | Available | 146996-2001 |
Chapter 2 What to do?: the need for a systemic approach; fundamental changes, capital, accounting and liquidity; institutional and geographical coverage, economic substance not legal form; deposit insurance and bank resolution; other important regulatory changes; macro-prudential analysis and intellectual challenge; the FSA's supervisory approach; risk management and governance, firms skills, processes and structures; regulation of large complex banks, 'utility banking' and 'investment banking'; regulation and supervision of cross-border banks
Chapter 3 Wider issues, open questions: product regulation?; other counter-cyclical tools; balancing liquidity benefits against stability concerns
Chapter 4 Implementation and transition: domestic implementation and international agreements; transition from today's macro-economic position; processes for responding to this review
Introduction -- Actions required to create a stable and effective banking system
Chapter 1 What went wrong?: the global story, macro trends meet financial innovation; UK specific developments; global finance without global government, faultlines in regulatory approach; fundamental theoretical issues
Examines the causes of the current crisis in the banking industry, and makes recommendations for long-term policy changes in terms of regulation and supervision of the banking sector.