Shadow Banking and Market-Based Finance - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Shadow Banking and Market-Based Finance write by Tobias Adrian. This book was released on 2018-08-01. Shadow Banking and Market-Based Finance available in PDF, EPUB and Kindle. Variants of nonbank credit intermediation differ greatly. We provide a conceptual framework to help distinguish various characteristics—structural features, economic motivations, and risk implications—associated with different forms of nonbank credit intermediation. Anchored by this framework, we take stock of the evolution of shadow banking and the extent of its transformation into market-based finance since the global financial crisis. In light of the substantial regulatory and supervisory responses of recent years, we highlight key areas of progress while drawing attention to elements where work still needs to be done. Case studies of policy challenges arising in different jurisdictions are also discussed. While many of the amplification forces that were at play during the global financial crisis have diminished, the post-crisis reform agenda is not yet complete, and policy makers must remain attentive to new challenges looming on the horizon.
The Handbook of Global Shadow Banking, Volume I
The Handbook of Global Shadow Banking, Volume I - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Handbook of Global Shadow Banking, Volume I write by Luc Nijs. This book was released on 2020-06-30. The Handbook of Global Shadow Banking, Volume I available in PDF, EPUB and Kindle. This global handbook provides an up-to-date and comprehensive overview of shadow banking, or market-based finance as it has been recently coined. Engaging in financial intermediary services outside of normal regulatory parameters, the shadow banking sector was arguably a critical factor in causing the 2007-2009 financial crisis. This volume focuses specifically on shadow banking activities, risk, policy and regulatory issues. It evaluates the nexus between policy design and regulatory output around the world, paying attention to the concept of risk in all its dimensions—the legal, financial, market, economic and monetary perspectives. Particular attention is given to spillover risk, contagion risk and systemic risk and their positioning and relevance in shadow banking activities. Newly introduced and incoming policies are evaluated in detail, as well as how risk is managed, observed and assessed, and how new regulation can potentially create new sources of risk. Volume I concludes with analysis of what will and still needs to happen in the event of another crisis. Proposing innovative suggestions for improvement, including a novel Pigovian tax to tame financial and systemic risks, this handbook is a must-read for professionals and policy-makers within the banking sector, as well as those researching economics and finance.
The Handbook of Global Shadow Banking, Volume II
The Handbook of Global Shadow Banking, Volume II - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Handbook of Global Shadow Banking, Volume II write by Luc Nijs. This book was released on 2020-06-30. The Handbook of Global Shadow Banking, Volume II available in PDF, EPUB and Kindle. This global handbook provides an up-to-date and comprehensive overview of shadow banking, or market-based finance as it has been recently coined. Engaging in financial intermediary services outside of normal regulatory parameters, the shadow banking sector was arguably a critical factor in causing the 2007-2009 financial crisis. This second volume explores three particular domains of shadow banking. The first domain deals with the macro-economic fundamentals of the respective shadow banking segments: Why do they exist, what problems do they solve and why are some of their embedded risks so persistent? The second domain captures the global dimensions of shadow banking markets, reviewing the particularities and specifics of various shadow banking systems around the world. Volume II concludes with an extensive overview of how the sector has changed since the financial crisis, focusing on regulatory arbitrage, contract imperfection and governance. Closing on unresolved issues and open-ended questions that will no doubt remain prominent in the shadow banking sector for years to come, this handbook is a must-read for professionals and policy-makers within the banking sector, as well as those researching economics and finance.
The Growth of Shadow Banking
The Growth of Shadow Banking - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Growth of Shadow Banking write by Matthias Thiemann. This book was released on 2018-05-31. The Growth of Shadow Banking available in PDF, EPUB and Kindle. By analyzing the growth and regulation of shadow banking activities by large banks in Western Europe and the US, this book illuminates how the evolution of finance, driven by structural pressures and financial innovations, is crucially mediated through state-finance interactions on the meaning of rules and the need to comply.
The Shadow Banking System
The Shadow Banking System - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Shadow Banking System write by Valerio Lemma. This book was released on 2016-04-08. The Shadow Banking System available in PDF, EPUB and Kindle. The book shows the fundaments of the shadow banking system and its entities, operations and risks. Focusing on the regulatory aspects, it provides an original view that is able to demonstrate that the lack of supervision is a market failure.
