Policy portal Stability & Supervision
When trust in the financial system disappears, panic sets in: fire sales of financial assets and bank runs can make the entire system collapse. Taxpayers are forced to bail out “too-big-to-fail” institutions to protect essential economic functions (deposits, credit, payment systems).
Mitigating implicit “moral hazard” requires sound prudential policies protecting essential banking services from excessive risk-taking and maintaining adequate capital levels to cover possible losses. Well-resourced, and independent supervision is also key. Finally, prudential regulation must also respond to new risks related to digitalisation (see “Digital Finance”) and climate change (see climate risk under “Sustainable Finance”).
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- Aleksandra Palinska
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- Peter Norwood
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- The European Consumer Organisation (BEUC)
- The Finance Watch team
- Private: Thierry Philipponnat
- Thomas Larible
148 PUBLICATIONS
Response to EBA consultation on MREL
Cheat sheet: What is the Capital Markets Union (CMU)?
Cheat sheet: What is Securitisation (CMU)?
Cheat sheet: What are Shadow Banking & Money Market Funds (MMFs)?
Response to first ESA discussion paper on PRIIPs Level 2
Response to BCBS/IOSCO consultation on simple, transparent and comparable securitisations
Response to FSB consultation on TLAC
Response to EBA consultation on simple, standard and transparent securitisations
Response to BCBS consultation on corporate governance principles in banks
“A missed opportunity to revive “boring” finance?” – Position paper on long term financing, securitisation and securities financing
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