Hong, Jong Soo - In: KDI-journal of economic policy 46 (2024) 1, pp. 21-51
Since the Global Financial Crisis of 2008-2009, the importance of non-bank financial institutions in macroprudential … discussing and implementing macroprudential supervision and regulation for non-bank financial institutions (NBFI). In this … context, this paper analyzes the systemic risk of both banks and non-bank sectors (securities firms and insurance companies …