Australian Prudential Regulation before and after the Global Financial Crisis
Abstract
This paper reviews the nature of Australian bank prudential regulation before and after the Global Financial Crisis (GFC). It begins by providing a detailed conceptual framework for understanding the functions of banks and deposit-takers, the theory of what can go wrong with the operation of these institutions, and the logic of prudential regulation. It then traces developments in Australian prudential regulation from the introduction of the...
Paper Details
Title
Australian Prudential Regulation before and after the Global Financial Crisis
Published Date
Jun 30, 2016
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