| Description |
1 online resource (95 pages) |
| Series |
IMF Working Papers |
|
IMF Working Papers
|
| Contents |
I. Introduction; Figures; 1. The Shrinking Core; II. Topography of the System; 2. Waves of Securitization; 3. Core vs. Periphery; 4. Inside the Core; III. Regulatory Philosophy and Structure; IV. Emerging Challenges; V. Broad Policy Implications; VI. Specific Policy Considerations; Abbreviations and Acronyms; References |
| Summary |
Annotation Given the rapid evolution of the U.S. financial sector and attendant regulatory challenges, this paper explores ways to fine-tune U.S. oversight arrangements. It surveys the financial landscape, separating a highly regulated, multi-business, and (in terms of relative asset holdings) shrinking "core" from a lightly regulated, more specialized, and rapidly expanding "periphery" explains the U.S. regulatory philosophy and structure, with its focus on core institutions and its jurisdictional complexity; highlights certain new challenges, without presuming to have all the solutions; draws out some broad policy implications, from the "30,000 foot level" and concludes by tabling and discussing one, specific, reform idea |
| Form |
Electronic book
|
| ISBN |
9781451912128 |
|
1451912129 |
|
145186759X |
|
9781451867596 |
|
