Lessons Learned from the Financial Crisis for Financial Stability and Banking Supervision

Lessons Learned from the Financial Crisis for Financial Stability and Banking Supervision

Lessons Learned from the Financial Crisis for Financial Stability and Banking Supervision

The financial crisis that began in 2007 has revealed a need for a new supervisory and regulatory approach aimed at strengthening the system and containing the risk of future financial and economic disruptions. Three ingredients are needed to ensure financial stability: robust analysis, better regulation, and international cooperation.

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