[Topic] Shadow banking:a regulatory perspective
This paper focuseson the effect of the shadow banking system, which can be defined as "the systemof credit intermediation that involves entities and activities outside the regularbanking system." The development ofshadow banking system may increasesystemic risk and result in some regulatory arbitrage that is undermining thebenefits of financial regulation. By reviewing the existing market practicesand regulations, the author finds that shadow banking is likely to become moreimportant in the financial system and academic research has so far been limited.Thus, more academic input and cooperation with regulators are needed.
[Lecturer]Zijun Liu Financial Service Authority, and LSE [Time]12:00 a.m., March 28th. [Venue]Room 610, Mingde Main Building.
We sincerely invite you to attend. Please send an e-mail to hanqing.seminar@gmail.com to inform us about your participation. Phone calls are well welcomed as well. Work meals will be booked for teachers. ( Contact: Li Hongmei 62511138)
Brief Introduction of the lecturer
Zijun Liu earned his PhD in finance from LSE. He is now working at Financial Service Authority. |