The subprime crisis: some lessons for financial supervisors

Fernando Restoy

CNMV Working Papers from CNMV- Spanish Securities Markets Commission - Research and Statistics Department

Abstract: CONTENTS: The recent market turmoil following the crisis of sub-prime mortgages in the US has provided rich evidence of serious deficiencies in the world financial system. This paper provides some elements for reflection on how to address them. The issues analysed in the paper are classified around four key words: transparency, credit rating agencies, liquidity and supervisory arrangements.

Date: 2008
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.cnmv.es/DocPortal/Publicaciones/MONOGRAFIAS/MON2008_31_een.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:cnv:wpaper:dt_31en

Ordering information: This working paper can be ordered from
Dpto. de Estudios y Estadísticas Comisión Nacional del Mercado de Valores Edison, 4 28006 Madrid, Spain

Access Statistics for this paper

More papers in CNMV Working Papers from CNMV- Spanish Securities Markets Commission - Research and Statistics Department Contact information at EDIRC.
Bibliographic data for series maintained by Jose María Moreno ().