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Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Financial Crisis and Regulatory Reforms: The Basel Story to Taxpayers

Financial Crisis and Regulatory Reforms: The Basel Story to Taxpayers

Paperback

Accounting

ISBN10: 3952478504
ISBN13: 9783952478509
Publisher: Srichander Ramaswamy
Published: Mar 16 2017
Pages: 212
Weight: 0.70
Height: 0.48 Width: 6.00 Depth: 9.00
Language: English

The blame for the financial crisis has been attributed to many actors: bankers, credit rating agencies, central bankers, regulators, hedge funds, financial engineers and mortgage originators to name a few. But seen from a policy perspective for building a more resilient financial system, understanding the mechanisms in the financial system architecture that allowed this to happen are more important than identifying the actors. Keeping the financial jargon to a minimum to reach out to a wider audience, this book provides deeper insights into the financial structures that led to the build-up of risks that were poorly understood by all actors. The key post-crisis financial reforms are then presented by linking them to identified weaknesses of the pre-crisis market practices and regulatory rules. The book concludes with some views on the challenges that lie ahead.

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