Accounting

The World in Crisis: Insights from Six Shadow Financial Regulatory Committees From Around the World

FIC Press

The financial crisis of 2007-09 cost taxpayers in the United States and Europe the equivalent of some 25 percent of world GDP in guarantees and subsidies to maintain financial stability. This has prompted a major rethinking by governments, financial regulators and central banks of how financial institutions and markets should be supervised and regulated, so that going forward the chances of a repetition of this sort of crisis are dramatically lower and the adverse consequences of such crises will be less severe. Some changes (reforms) in regulation already have been adopted, while others are being considered but not yet fully thought through or implemented. And, while some individual countries have adopted altered their regulatory regimes, the discussion over global coordination has not yet progressed very far. This on-line book brings together, in separate chapters, the thoughts and analyses of members of six Shadow Financial Regulatory Committees, independent bodies of experts…

View original post 76 more words

Advertisements

About Phoenix

Accountant and Home Educator

Discussion

No comments yet.

Get in touch

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow PHOENIX DEBOLA ACCOUNTANCY SERVICES on WordPress.com

Enter your email address to receive notifications of new posts by email.

Join 3,133 other followers

POST CATEGORIES

0044 780 370 4496
0044 168 981 8119
%d bloggers like this: