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Guiding Principles for Financial Regulation; Panel Remarks at \\"The Future of Global Finance: Populism, Technology, and Regulation\\" Conference, Columbia University, New York, NY

Loretta Mester

No 87, Speech from Federal Reserve Bank of Cleveland

Abstract: At times, the regulatory framework that has arisen since the global financial crisis can seem like the game of fizzbin (appeared in the original Star Trek TV Show) ? very complicated, seemingly without rationale, and constantly changing. In such an environment, sometimes it helps to take a step back and focus on some underlying principles that should serve as a foundation for any financial regulatory framework, and that can help guide any potential changes to strengthen the framework and promote cross-country harmonization.

Keywords: incentives; Regulation; Risk Management (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-pay and nep-rmg
Date: 2017-10-20
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