Financial crisis and information gaps

Bernd Braasch

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Global Financial Crisis and Policies Banking stability, regulation, efficiency Global Financial Regulation and Crises

Abstract

Against the background of the present financial crisis Otmar Issing and Jan Krahnen, members of the expert commission advising the German government on issues relating to financial crisis prevention, have suggested the creation of a “global risk map” to be enhanced by a global credit register.1 The following article comments and elaborates on this proposal and its practical implementation.

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2019Principles of Banking Regulation 2010Shaping the New Financial System 2013A market-based approach to sector risk determinants and transmission in the euro area 2018Making the Most of Big Data for Financial Stability Purposes

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