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 …

regulation, as well as the opportunities and threats faced by macroprudential regulation given that it is an economic theory …” and “systemic shock,” into the popular and academic legal community; one such term is “macroprudential regulation.” Once … the implementation of macroprudential regulation as it has gone from a theoretical construct to implemented policy. In …