submitted its report in 2013 and four of its members recorded dissenting notes. This paper examines the changes in regulation in … respect to e.g. capital adequacy, shadow banking and accounting. The paper also reviews the current levels of development of … the Indian banking, capital markets, pensions and insurance sub-sectors and past episodes of egregious wrongdoing. The …

Bank regulation is based on the premise that risks spill over more easily from large banks to the banking system than … volatility and overall profit volatility. We argue that the current bank supervision objectives can be achieved more efficiently … if regulation focuses on reducing such net exposures, rather than buffering the default risks arising from them. …

ensure efficient and effective regulation of the global financial sector. This paper proposes a threefold test logic that …

the development lines of the banking sector in past decades a general trend towards disintermediation and decentralization …

, recommends that policies in Mauritius should focus mainly on promoting and strengthening banking sector and stock market …