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New Landscape, New Challenges : Structural Change and Regulation in the U.S. Financial Sector / Ashok Bhatia.
- Format:
- Book
- Government document
- Author/Creator:
- Bhatia, Ashok.
- Series:
- IMF Working Papers; Working Paper ; No. 2007/195
- IMF Working Papers
- Language:
- English
- Subjects (All):
- Financial services industry--United States.
- Financial services industry.
- Financial services industry--State supervision--United States.
- Economic stabilization--United States.
- Economic stabilization.
- Physical Description:
- 1 online resource (26 p.)
- Place of Publication:
- Washington, D.C. : International Monetary Fund, 2007.
- Language Note:
- English
- Summary:
- Given the rapid evolution of the U.S. financial sector and attendant regulatory challenges, this paper explores ways to fine-tune U.S. oversight arrangements. It surveys the financial landscape, separating a highly regulated, multi-business, and (in terms of relative asset holdings) shrinking “core” from a lightly regulated, more specialized, and rapidly expanding “periphery” explains the U.S. regulatory philosophy and structure, with its focus on core institutions and its jurisdictional complexity; highlights certain new challenges, without presuming to have all the solutions; draws out some broad policy implications, from the “30,000 foot level” and concludes by tabling and discussing one, specific, reform idea.
- Contents:
- Contents; I. Introduction; Figures; 1. The Shrinking Core; II. Topography of the System; 2. Waves of Securitization; 3. Core vs. Periphery; 4. Inside the Core; III. Regulatory Philosophy and Structure; IV. Emerging Challenges; V. Broad Policy Implications; VI. Specific Policy Considerations; Abbreviations and Acronyms; References
- Notes:
- "August 2007."
- Includes bibliographical references (p. 21-24).
- Description based on print version record.
- ISBN:
- 9786613825452
- 9781462324545
- 1462324541
- 9781452786438
- 1452786437
- 9781283513005
- 1283513005
- 9781451912128
- 1451912129
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