Developing a Framework for Effective Financial Crisis Management
University of Warwick - School of Law
John Raymond LaBrosse
University of Warwick
February 9, 2012
Warwick School of Law Research Paper No. 2012/05
This article discusses the roles and responsibilities of the various agencies that are part of the financial system safety net, and it sets out a framework for the decision-making process for these actors in the management of a financial crisis. In this context, the article discusses issues of micro- and macro-prudential oversight and argues that more needs to be done to ensure accountability, independence, transparency and integrity of the various actors of the financial system safety net.
Number of Pages in PDF File: 31
Keywords: banks, contingency planning, financial crisis management, financial system, safety net, financial stability, micro- and macro-prudential regulation, systemic risk
JEL Classification: G15, G21, G28
Date posted: February 9, 2012 ; Last revised: May 31, 2012
© 2015 Social Science Electronic Publishing, Inc. All Rights Reserved.
This page was processed by apollo6 in 0.437 seconds