The risks shadow banking poses to China's financial system are overstated
Supervisors need to develop a code of best practice for cocos
Neglect may sweep any away chance of reasonable debate and compromise
The use of behavioural economics in management decisions and supervisory models would not prevent a future crisis, says Czech National Bank adviser, Michal Skořepa
Economist Charles Goodhart agrees with Robert Pringle that risk and return incentives need to change at banks to ensure future financial stability. But permitting failures is a step too far
Macro-prudential powers are no panacea
Philipp Hildebrand’s resignation has renewed fears about market practitioners working in central banks. But FOMC minutes from 2006 reveal a deeper problem – placing too much reliance on economists
Policymakers urgently need to form a clear, strategic position on the future of banking in Europe as well as a roadmap on how to get there. This may require the nationalisation of major European banks
Roger Alford an emeritus reader in economics at the London School of Economics takes issue with the core of the British banking system reform
A separation between retail and investment banking would in itself do nothing to correct bad management practices and would quite possibly fail in its aim to protect the public purse, Roger Alford argues.
Risk models are useful for banks’ risk managers, but regulators should beware, Brandon Davies notes
What Basel III means to us
Insured deposit banks are the way forward, writes Robert Pringle
Officials are far from confident that they will be able to create a more resilient financial system, Robert Pringle writes
US regulators are right to look to curb their reliance on credit ratings. However, it will prove tricky to find viable alternatives
Britain’s banking commission must be bold
In the second of a six-part series on the Japanese economy, Robert Pringle reports from Tokyo on how the crisis has impacted the nation’s global outlook
Aspects of the Dodd-Frank Act are welcome but crises will continue to be mismanaged, Robert Pringle writes.
Navigating the transition to Britain’s new regulatory regime is fraught with cultural challenges, writes Michael Foot
René Smits identifies ten key issues that European financial legislators must consider when constructing the post-crisis regulatory framework
The UK government’s plans for financial regulation are far from clear, writes Bill Allen, a former deputy director at the Bank of England
Banks’ lobbying and politicians’ arguments against the Dodd regulatory reform bill are lamentable, Robert Pringle writes
President Obama’s radical proposals recognise that the financial lobby can no longer hold society to hostage. They should be welcomed as a result, Robert Pringle, the chairman of Central Banking Publications, writes.