Financial Regulation and Bank Supervision during a Pandemic
12 Pages Posted: 22 Jan 2021 Last revised: 24 Jan 2021
Date Written: January 2021
Pandemics lead to a sudden decline in the level of economic activities. Lending institutions reduce credit supply to businesses due to fears of rising bad debts during a pandemic. This paper highlights some approach to financial regulation and bank supervision during a pandemic such as the SARS and COVID-19 pandemic. The approach suggested in this paper are intended to be applicable to all types of pandemic since their effect on banks and financial institutions are relatively the same.
Keywords: Pandemic, COVID-19, coronavirus, SARS, bank regulation, bank supervision, financial regulation
JEL Classification: G21, G28
Suggested Citation: Suggested Citation