Titlebook: Good Regulation, Bad Regulation; The Anatomy of Finan Imad A. Moosa Book 2015 The Editor(s) (if applicable) and The Author(s) 2015 Financia

Left-Atrium

Regulation, Deregulation and Financial Crises,doctrine implies a structure whereby the production, distribution and pricing of goods and services are coordinated by the market forces of supply and demand, unhindered by regulation and government intervention. An economy that is composed entirely of free markets is referred to as a free-market ec

GUILE

persistence

HEPA-filter

Bad Regulation: Basel 1 and Basel 2,anks, which came to be known as the Basel 1 Accord (also known as the 1988 Accord). One motive for establishing this framework, which is described in detail in BCBS (1988), was to bring consistency to the way banks were regulated in different countries. According to the BCBS, Basel 1 had two basic o

mendacity

Bad Regulation: Basel 2.5 and Basel 3,While the development of Basel 2.5 (and Basel 3) is the product of the realisation that Basel 2 could not have dealt adequately with the global financial crisis, nothing much has changed in the sense that most of the criticism of Basel 2 can be directed at Basel 2.5. It is a complex and tedious set

MAG

Bad Regulation: Short Selling, back at a later date to return to that third party. While the object of short selling may be any asset (including currencies and derivatives), the regulation of short selling is mainly directed at the short selling of stocks. For some reason, it has been the case that it is fine to sell short a cur

exorbitant

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傳染

Concluding Remarks,nt to see no regulation whatsoever, and those who favour regulation. In this debate, regulation is either all good or all bad. In this book, a different perspective is presented: regulation is not all good and not all bad—rather, some regulation is good and some is bad. In this sense, regulation ref

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