Look Before You Leap: A Skeptical View of Proposals to Meld Macro- and Microprudential Regulation

G-20 ministers should avoid creating a new layer of regulation to counter future systemic financial risks, according to a newly released C.D Howe Institute study. The Commentary by Nick Le Pan, former Superintendent of Financial Institutions, cautions against current G-20 proposals to expand regulation to include system-wide macroeconomic risks.

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Year of publication:	2009
Authors:	Pan, Nick Le
Published in:	C.D. Howe Institute Commentary. - C. D. Howe Institute. - 2009, 296
Publisher:	C. D. Howe Institute
Subject:	financial services \| Bank of Canada \| OSFI \| systemic risk \| procyclicality \| Basel II

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Extent:	application/pdf
Type of publication:	Article
Classification:	E58 - Central Banks and Their Policies ; E52 - Monetary Policy (Targets, Instruments, and Effects) ; G18 - Government Policy and Regulation ; G21 - Banks; Other Depository Institutions; Mortgages
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008528445