Reform of financial regulation is a priority on the international agenda. At the call of the Group of Twenty … remind ourselves of the importance of keeping the balance between enhanced regulation and promoting financial innovationâ …

Reform of financial regulation is a priority on the international agenda. At the call of the Group of Twenty … remind ourselves of the importance of keeping the balance between enhanced regulation and promoting financial innovationâ …

, and a balanced approach to restructuring and regulation among different types of financial institutions. The paper also …

crisis, after the crisis started, politicians became increasingly vocal in demanding regulation. Initially, these demands … were confined to a more binding form of self-regulation. But as the crisis progressed, the calls for state regulation grew … ever louder. It became apparent after the November 2008 G-20 summit in Washington that state regulation could no longer be …

, excessive leverage, lax financial regulation and supervision, and global macroeconomic imbalances. At a fundamental level … related to both monetary policy and financial regulation. The practice of both monetary policy and financial regulation had …

, excessive leverage, lax financial regulation and supervision, and global macroeconomic imbalances. At a fundamental level … related to both monetary policy and financial regulation. The practice of both monetary policy and financial regulation had …

, excessive leverage, lax financial regulation and supervision, and global macroeconomic imbalances. At a fundamental level … related to both monetary policy and financial regulation. The practice of both monetary policy and financial regulation had …

strengthen top-down macroprudential supervision, complemented by bottom-up microprudential supervision. The paper explores such a …