Essays on Financial Regulation

Finance

2016-04-19

Introduction

This paper is devoted to the possible spillover effects between the usual banking and existing shadow banking systems and the impact of regulatory policies on the shadow banking system. The usual banking system consists of the banks and regulatory agencies. In comparison, the shadow banking system is a set of financial institutions, which are not banks, but perform their functions. The issue of the shadow banking system has become more important after recent global financial crisis. The Financial Stability Board has been established at that time. According to experts of this organization, various aspects of the shadow banking ...

The role and regulation of Mauritius financial institutions

Mauritius is the largest island in the world. It is one of Africa’s economy that is stable, competitive and success. The state of the economy has enabled the country to be both vibrant and thriving in sectors such as the export sector, offshore financial sector, and manufacturing. The success has allowed the country to attain a Gross Domestic Product of $11.9b. Also, its convenient position has enabled it to be an established international financial center with easy access to Asia, Europe Middle East and South Africa enabling active investment. The report aims to understand the roles and regulation ...

Over the years the PRC existence, the country's banking system passed a difficult and contradictory path of development, reflecting the peculiarities of the economic policy pursued by the state at a particular stage. In the late 70-ies of the last century in China economic and social reform was launched in order to create a model of “socialism with Chinese specifics” which would combine the primacy of market principles and effective macro control of the administering state agencies. In the process of creation of this model, an important role is given to China's banking system, as it is an institution, ...