financial crisis of 2007 - 2009: (1) the improved capital requirements intended to reduce the risk of bank failure ("Basel III …

A key lesson of the 2007 - 2009 global financial crisis (GFC) was the importance of containing systemic financial risk … and the need for a "macroprudential" approach to surveillance and regulation that can identify system-wide risks and take …, the consistency of a financial stability objective with the more traditional and well-established central bank objective …

This paper provides an overview of the Reserve Bank of India's approach to macroprudential regulation and systemic risk … information. Macroprudential regulation is an inexact science with limitations and needs to be used in conjunction with other …

significant differences can be observed with respect to qualification review of senior management, broader regulation at the … product level, prescriptive rules, and guidance for risk management. Broadly speaking, the PRC adopts a rules-based approach … to regulation; in many cases, regulations are prescriptive or even intrusive. In building a robust supervisory system …