Financial regulation and economic policies for avoiding the next crisis (Urjit R. Patel, Governor, Reserve Bank of India - October 15, 2017 - at the 32nd Annual G30 International Banking Seminar, Inter-American Development Bank, Washington, D.C.) https://www.taxtmi.com/news?id=18952 Regulation and supervision must be anticipatory, data-driven and forward-looking to detect risks that migrate across sectors and borders; this requires predictable, incentive-compatible rules, greater transparency of banks' internal risk models to prevent under prediction of defaults and regulatory arbitrage, intrusive oversight and credible loss absorbing arrangements for systemically important institutions, and broader, equitable global financial safety nets so that emerging market economies do not rely solely on self insurance. en-us Wed, 25 Oct 2017 17:11:37 +0530 Wed, 25 Oct 2017 17:11:37 +0530 TaxTMI RSS Generator Financial regulation and economic policies for avoiding the next crisis (Urjit R. Patel, Governor, Reserve Bank of India - October 15, 2017 - at the 32nd Annual G30 International Banking Seminar, Inter-American Development Bank, Washington, D.C.) https://www.taxtmi.com/news?id=18952 Regulation and supervision must be anticipatory, data-driven and forward-looking to detect risks that migrate across sectors and borders; this requires predictable, incentive-compatible rules, greater transparency of banks' internal risk models to prevent under prediction of defaults and regulatory arbitrage, intrusive oversight and credible loss absorbing arrangements for systemically important institutions, and broader, equitable global financial safety nets so that emerging market economies do not rely solely on self insurance. News - Wed, 25 Oct 2017 17:11:37 +0530 https://www.taxtmi.com/news?id=18952