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Regulation And Financial Stability: Truth or Myth?: A paper on regulation as an aid to stability in the financial (banking)Sector using post-2008 Canada as a case study - Couverture souple

Fagbenro, Adekunle

 
9783659144578: Regulation And Financial Stability: Truth or Myth?: A paper on regulation as an aid to stability in the financial (banking)Sector using post-2008 Canada as a case study

Synopsis

This paper explores the regulation of the financial sector, with particular emphasis on the banking industry. It tries to evaluate existing regulation policies, their effect on economic activity and their effectiveness in keeping the sanctity of the financial sector. It gives an overview of its basis and changes through time and some of its inherent problems. It also looked through previous works, at the effectiveness of regulation on financial stability. The Canadian Financial sector was used as a case study following its apparent resilience to the 2007/08 financial crisis that rocked the world. Being an industrialized country and a member of the G10, this has caused a lot of interest in the regulatory structure and practice of the country with a view to testing its adaptability to different countries. It then concludes on whether regulation really did play a pivotal role in the resilience or it was based on other conditions and circumstances.

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Présentation de l'éditeur

This paper explores the regulation of the financial sector, with particular emphasis on the banking industry. It tries to evaluate existing regulation policies, their effect on economic activity and their effectiveness in keeping the sanctity of the financial sector. It gives an overview of its basis and changes through time and some of its inherent problems. It also looked through previous works, at the effectiveness of regulation on financial stability. The Canadian Financial sector was used as a case study following its apparent resilience to the 2007/08 financial crisis that rocked the world. Being an industrialized country and a member of the G10, this has caused a lot of interest in the regulatory structure and practice of the country with a view to testing its adaptability to different countries. It then concludes on whether regulation really did play a pivotal role in the resilience or it was based on other conditions and circumstances.

Biographie de l'auteur

Adekunle started his career as a banker in 2000 with one of the prominent Nigerian banks. He presently works with Guaranty Trust bank (UK) Ltd and heads the Correspondent & Corporate Banking desk. Adekunle is married to Ramat and they are blessed with 3 daughters, Moyosore, Mofetoluwa and Moyinoluwa. He enjoys reading, music and watching football.

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