Shadow Banking Regulation
Shadow banks conduct credit intermediation without direct, explicit access to public sources of liquidity and credit guarantees. Shadow banks contributed to the credit boom in the early 2000s and collapsed during the financial crisis of 2007–2009. We review the quickly growing literature on shadow banking and provide a conceptual framework of shadow banking regulation. Since the collapse, regulatory reform efforts have aimed at strengthening the stability of the shadow banking system. We review these reform efforts for shadow funding sources including asset-backed commercial paper (ABCP), tri-party repurchase agreements (repos), money market mutual funds (MMMFs), and securitization. Despite significant effort by lawmakers, regulators, and accountants, there has been uneven progress in achieving a more stable shadow banking system
Year of publication: |
2012
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Authors: | Adrian, Tobias |
Other Persons: | Ashcraft, Adam B. (contributor) |
Publisher: |
[2012]: [S.l.] : SSRN |
Subject: | Bankenregulierung | Bank regulation | Informeller Finanzsektor | Informal finance | Verbriefung | Securitization | Finanzkrise | Financial crisis | Repo-Geschäft | Repo transactions | Asset-Backed Securities | Asset-backed securities | Geldmarktfonds | Money market fund |
Description of contents: | Abstract [papers.ssrn.com] |
Saved in:
Extent: | 1 Online-Ressource |
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Type of publication: | Book / Working Paper |
Language: | English |
Notes: | In: Annual Review of Financial Economics, Vol. 4, pp. 99-140, 2012 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments October 2012 erstellt Volltext nicht verfügbar |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10013098418