This article explores the effect of delays in updating prudential regulation on countries' likelihood of experiencing … banking crises, and it disentangles the impact of different aspects of regulation on crisis onset. I argue that delays in … revising banks' prudential regulation allow banks to adopt risky behavior. This increases a country's vulnerability to systemic …

regulation of systemic risk and because effective mechanisms for preventing or resolving such conflicts do not exist.This Article … VIII.In sum, this Article argues that the effective regulation of systemic risk in the over-the-counter derivatives market …

premature to conclude that 'Too Big to Fail" has been solved, but macro-prudential regulation is now much more effective and …