Post-crisis Financial Regulatory Reform Proposals:A Theoretical Survey
理论综述了主要金融监管机构提出的危机后改革提案,涵盖系统性风险、宏观审慎监管、顺周期性等9个主题,并提出了未来研究方向。
This paper is a theoretical review of post-crisis financial regulatory reform proposals suggested by major financial regulatory authorities.We mainly focus on 9 topics,namely systemic risk and macroprudential supervision, procyclicality,capital adequacy ratio and leverage ratio,maturity transformation and liquidity,remuneration, financial safety net and resolution regime for failed institutions,credit securitization and credit derivatives markets,credit rating agencies,and theoretical foundations of financial regulation.We also suggest several questions for further research.