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A New Regulatory Framework Of Financial Institutions In The Aftermath Of The Global Financial Crisis, Ingrid Zantis
A New Regulatory Framework Of Financial Institutions In The Aftermath Of The Global Financial Crisis, Ingrid Zantis
WCBT Undergraduate Publications
Three years since the outbreak of the global financial and economic crisis and two years since the global markets’ turmoil following the Lehman Brothers’ bankruptcy and the US government’s bail-out of AIG, reforming the regulatory structure for financial institutions and platforms has achieved some visible progress. Though the new architecture is far from being finished, the main challenge is to implement what has been agreed upon in commitments and framework legislation, without losing track of the target to soundly improve global financial stability and effectively resolve future global crises on its way.
Against this background, this paper examines the emerging …