Philly Fed: freedom of databases may improve market oversight

federal reserve

A paper published by the Philadelphia Federal Reserve on Wednesday analyses the framework through which regulators get information from systemically important banks and advocates a system for monitoring financial instruments as a complement to the regulation of financial institutions.

In the wake of the financial crisis, an effort is underway to redesign the regulation of financial institutions. As part of the new regulatory structure, a new information framework may be desirable. Leonard

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