2013 | OriginalPaper | Chapter
Regulatory Responses to the Crisis
Author : David Murphy
Published in: OTC Derivatives: Bilateral Trading & Central Clearing
Publisher: Palgrave Macmillan UK
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The last chapter ended with a number of issues that supervisors thought caused the financial crisis or increased its intensity. Each of these vulnera- bilities — lack of capital, liquidity risk, and so on — created substantial new regulation. This chapter reviews the major areas of rule making and sets out the principal new regulations in each of them.