Shadow Banking and Financial Regulation
Steven L. Schwarcz
Duke University - School of Law
December 14, 2012
This is one of three lectures I am giving in December 2012 at universities and government agencies in Shanghai and Beijing. In the context of comparing Western and Chinese shadow banking concerns and regulatory responses, this lecture addresses three broad questions: What is shadow banking (including its scope and participants)? What is, or could be, the impact of shadow banking on financial market and systemic risk? Should shadow banking be regulated and, if so, how?
Number of Pages in PDF File: 13working papers series
Date posted: December 2, 2012 ; Last revised: December 15, 2012
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