Perspectives on regulation of systemic risk in the financial services industry
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Perspectives on regulation of systemic risk in the financial services industry hearing before the Committee on Financial Services, U.S. House of Representatives, One Hundred Eleventh Congress, first session, March 17, 2009. by United States. Congress. House. Committee on Financial Services.

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Published by U.S. G.P.O., For sale by the Supt. of Docs., U.S. G.P.O. in Washington .
Written in English

Subjects:

  • Financial risk management -- United States,
  • Financial services industry -- Risk management -- United States,
  • Trade regulation -- United States

Book details:

Classifications
LC ClassificationsKF27 .B5 2009c
The Physical Object
Paginationiii, 187 p. :
Number of Pages187
ID Numbers
Open LibraryOL24016297M
ISBN 100160838452
ISBN 109780160838453
LC Control Number2009438450

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Following the recent financial crisis, regulators have been preoccupied with the concept of systemic risk in financial markets, believing that such risk could cause the markets that they oversee to implode. At the same time, they have demonstrated a certain inability to develop and implement comprehensive policies to address systemic risk. Get this from a library! Perspectives on regulation of systemic risk in the financial services industry: hearing before the Committee on Financial Services, U.S. House of Representatives, One Hundred Eleventh Congress, first session, Ma [United States. Congress. House. Committee on Financial Services.].   Committee on Financial Services. PERSPECTIVES ON REGULATION OF SYSTEMIC RISK IN THE FINANCIAL SERVICES INDUSTRY. Date(s) Held: th Congress, 1st Session. GPO Document Source: CHRGhhrg Superintendents of Documents ID: Y 4.F 49/ Witnesses: Bartlett, Hon. Steve, President and Chief Executive Officer, Financial Services. Downloadable (with restrictions)! Systemic Risk: History, Measurement and Regulation presents an overview of this emerging form of risk from a global perspective. Systemic risks endanger entire financial systems, not just individual financial institutions. In this volume, the authors review how systemic risk has evolved over the last 40 years across continents to come to the forefront of Author: Yvonne Kreis, Dietmar Leisen, Jorge Ponce.

Systemic Risk in the Financial Sector: Ten Years after the Great Crash draws on some of the world's leading experts on financial stability and regulation to examine and critique the progress made since in addressing systemic risk. The book covers topics such as central banks and macroprudential policies; fintech; regulators' perspectives from the United States and the European Union; the . The emergence of regulations that address systemic risks identified as occurring during the global financial crisis (GFC) has, to say the least, been patchy, and in many cases systemic has been taken to mean specific to one national banking system rather than taking a global perspective.   The term Systemic Risk belongs to the standard rhetoric of economic policy discussions related to the banking industry. Besides the goal of protecting small depositors, control of systemic risk is given as one of the main arguments for banking by: The central objective of financial regulation (conceived as the prescription of rules, as distinct from supervision or risk assessment) is to reduce systemic risk. 2 Systemic risk can be defined in many ways. Most broadly, it is the risk that a national, or the global, financial system will break by:

Systemic risk is intrinsic to systemic failure and this is the topic, or more accurately the problem, which comes under scrutiny in this book. As one of the authors explains, ‘systemic risk refers to the risk or probability of breakdown of the entire financial system, as opposed to 5/5(1). The Financial Crisis, Systemic Risk, and the Future of Insurance Regulation Journal of Risk and Insurance, Vol. 76, Issue 4, pp. , December 35 Pages Posted: 9 Nov Cited by: The financial industry’s current environment of continuous innovation requires a more sophisticated approach to balancing public policy objectives. Lucia Pacheco, Regulation and Internal Control Manager at BBVA Research, explains the impacts of the big tech entry into : Ana Cabirta. Understanding the differences between the balance sheets of insurers and other financial intermediaries is essential for understanding the potential differences in risk nature and optimal regulation. The second part of the book focuses on the risks managed by the insurance sector and the potential for systemic risk. The chapters discuss the risks both on the asset and liability sides of insurers' balance sheets. The third part of the book covers the impact of regulation on insurance 3/5(1).