authorities. Regulation (EC) No. 1060/2009, which was adoptedfollowing the financial crisis, confirms this notion by requiring … a step in the right direction. It remains to be seen, however, whether the Proposal for a Regulation creating the ESMA …

microprudential approach is one in which regulation is partial-equilibrium in its conception, and aimed at preventing the costly … among both academics and policymakers that financial regulation needs to move in a macroprudential direction. According to … appropriate "field of vision" should be. Under our current system of safety-and-soundness regulation, supervisors often focus on …

The recent financial crisis has highlighted the need to go beyond a purely micro approach to financial regulation and … financial regulation has grown considerably. The policy debate is focusing in particular on macroprudential tools and their …

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 …

Financial regulation and supervision must change. Everybody agrees about that. But which is the state of the art? Both … regulation, which caused two intertwined deficits: an information deficit and a behavioral deficit. In order not to risk making …

macroprudential regulation and policy in Seoul, Korea, on 16-18 January 2011. The conference aimed to bring academics together with …

The recent financial crisis has highlighted the need to go beyond a purely micro approach to financial regulation and … financial regulation has grown considerably. The policy debate is focusing in particular on macroprudential tools and their …