financial regulation. Today's financial system is a dynamic and complex ecosystem. For these and other reasons, policy makers …. The processes governing financial regulation, however, implicitly assume a high degree of knowability, stability, and … financial regulation has failed in the past and why it will likely fail again. It also suggests the need for a new approach to …

Inadequate regulation of the financial system is widely thought to have contributed to the financial crisis. The … purpose of the book is to articulate a framework within which financial regulation can be analysed in a coherent and … regulation is best understood in the context of an appreciation of the entire financial system. Third it is international and …

This article examines the potential efficacy of macro-prudential financial regulation as a mechanism for preventing … future systemic crises. I argue that the potential efficacy of macro-prudential financial regulation will be undermined by (1 …

The financial crisis of 2007-9 revealed serious failings in the regulation of financial institutions and markets, and … prompted a fundamental reconsideration of the design of financial regulation. As the financial system has become ever …-more complex and interconnected, the pace of evolution continues to accelerate. It is now clear that regulation must focus on the …