Aboura, Sofiane; Lépinette-Denis, Emmanuel - Université Paris-Dauphine (Paris IX) - 2014
The post-crisis financial reforms address the need for systemic regulation, focused not only on individual banks but … also on the whole financial system. The regulator principal objective is to set banks' capital requirements equal to … systemic risk. Moreover, bank regulation is considered in a two-scale level, either at the bank level or at the system …