The book deals with contemporary issues in financial regulation, given the post-crisis regulatory landscape. The major idea put forward is that rampant corrupti

The 2008 crash was the worst financial crisis and the most severe economic downturn since the Great Depression. It triggered a complete overhaul of the global r

We identify current challenges for creating stable, yet efficient financial systems using lessons from recent and past crises. Reforms need to start from three

This paper seeks to draw lessons for financial sector regulation and supervision and central bank liquidity management from the ongoing crisis, focusing princip

The EU and the US responded to the global financial crisis by changing the rules for the functioning of financial services and markets and by establishing new o