the organizational design of supervisory institutions impacts the enforcement of financial regulation. Banks under …

the organizational design of supervisory institutions impacts the enforcement of financial regulation. Banks under …

regulation did not take the "big picture" of the system suffciently into account and, subsequently, financial supervision mainly … "missed the forest for the trees". As a result, the need for macroprudential aspects of regulation emerged, which has recently … macroprudential regulation in creating stable, yet effcient financial systems. At the same time, I emphasize the importance of …

the financial system as a whole, which is the key to drive macro-prudential regulation forward within the regime of … of financial system's network and a practical method of macro-prudential regulation is proposed. Second, by analyzing the …

This article examines the potential efficacy of macro-prudential financial regulation as a mechanism for preventing … future systemic crises. I argue that the potential efficacy of macro-prudential financial regulation will be undermined by (1 …