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fragmented financial regulatory structure is not worse than under integrated regulation. This implies that financial regulatory …
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After analyzing the different reasons why the financial system and also the regulatory framework induced procyclicality, this paper reviews the experiences of three countries which have introduced dynamic provisioning as a regulatory tool to limit procyclicality. The case of Spain - the country...
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Reform of financial regulation is a priority on the international agenda. At the call of the Group of Twenty Finance … importance of keeping the balance between enhanced regulation and promoting financial innovation - without the pendulum swinging …
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