Post Crisis Regulatory Reforms – An Overview

Stoian Andrei () and Becherescu Radu ()
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Stoian Andrei: The Academy of Economic Studies
Becherescu Radu: The Academy of Economic Studies

Ovidius University Annals, Economic Sciences Series, 2014, vol. XIV, issue 1, 52-56

Abstract: The recent financial crises that have hit mostly the developed world in the two main regions, the United States of America and the European Union have highlighted the need of a sound framework for the financial transactions. Steps toward an increased set of regulations have been taken in both US and EU and more global approach has been set our via the creation of the Financial Stability Board and the adoption Basel III requirements. Sill, there are more challenges to be addressed in the following period in order to avoid future financial turmoil.

Keywords: financial crisis; financial stability; financial regulations (search for similar items in EconPapers)
JEL-codes: F30 F42 G28 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xiv:y:2014:i:1:p:52-56

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