Tag Archives: Financial crisis

Global Financial Development Report 2019/2020

The World Bank has recently launched the Global Financial Development Report 2019/2020, entitled “Bank Regulation and Supervision a Decade after the Global Financial Crisis.” Over a decade has passed since the collapse of the U.S. investment bank Lehman Brothers marked the onset of the largest global economic crisis since the Great Depression. The crisis revealed …
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Sound At Last? Assessing a Decade of Financial Regulation

What has changed since the global financial crisis? What remains to be done? While there have been improvements in financial regulation and supervision over the past decade, there is still no framework for dealing with shadow banking and new digital competitors who remain outside the perimeter of regulation. What’s more, new regulations and high compliance …
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