Shadow Banking – International and Domestic Developments

Josef Manalo, Kate McLoughlin and Carl Schwartz
Additional contact information
Josef Manalo: Reserve Bank of Australia
Kate McLoughlin: Reserve Bank of Australia
Carl Schwartz: Reserve Bank of Australia

RBA Bulletin (Print copy discontinued), 2015, 75-84

Abstract: One of the lessons from the global financial crisis is that systemic risk to the financial system can arise from outside the regular banking system, in so-called ‘shadow banking’. This article reviews post-crisis international and domestic trends in shadow banking, and regulatory efforts to better understand and address potential risks that may arise. In Australia, systemic risks arising from shadow banking appear limited given its relatively small size and minimal links to the banking system, but it remains an area for regulators to monitor and better understand.

Keywords: shadow bank; Financial Stability Board; FSB; finance companies; securitisation; RMBS; repo; market-based finance; credit intermediation; Council of Financial Regulators; post-crisis trends; systemic risk; Measur* (search for similar items in EconPapers)
Date: 2015
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.rba.gov.au/publications/bulletin/2015/mar/pdf/bu-0315-8.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rba:rbabul:mar2015-08

Access Statistics for this article

RBA Bulletin (Print copy discontinued) is currently edited by Luci Ellis

More articles in RBA Bulletin (Print copy discontinued) from Reserve Bank of Australia Contact information at EDIRC.
Bibliographic data for series maintained by Paula Drew ().