Axel A Weber: The future of banking regulation
نویسنده
چکیده
In the light of the financial crisis, the subject we are dealing with has major priority and, as the agenda shows, is a very broad topic in terms of the issues it covers. Under discussion are questions about the effects of banking regulation as well as institutional aspects of how banking regulation should be organised. Above all, we should keep in mind that banking regulation should reflect the state of development in the financial markets, which implies that it is exposed to constant change. This is revealed, not least, by the history of banking regulation, which I would like to go into briefly before turning to the prevailing deficiencies of banking regulation and the main challenges in strengthening financial stability.
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