Regulating Risks in Global Financial System Cover Image

Regulácia rizík v globálnom finančnom systéme
Regulating Risks in Global Financial System

Author(s): Boris Hošoff
Subject(s): Economy
Published by: Ekonomický ústav SAV a Prognostický ústav SAV
Keywords: financial crisis; financial risk management; regulation

Summary/Abstract: In this analysis we emphasize the limitations of financial system risk man-agement, with special focus on the inconstancies between achieving relative satisfactory outcomes for individual and systematic risks regulation. We analyze growth of financial system unbalances resulting from originate-and-distribute risk strategy and markt-to-market or fair-value accounting practices. Along with these and other risks arising from different investment revenue opportunities between more and less regulated financial markets, we seek for systemic risk management solutions and economic vulnerabilities of existing and projecting financial risks regulatory frameworks. From European point of view and in the light of deepening globalization we analyze proposed framework design for common policy and structural response to financial crisis.

  • Issue Year: 58/2010
  • Issue No: 04
  • Page Range: 392-406
  • Page Count: 15
  • Language: Slovak