Regulation of parallel banking
Because no supervisory authority has an overview of which risks have been outsourced to the shadow banking sector, the ECB proposed at the beginning of 2012 to introduce indirect regulation here. For the time being, this is to be done in only one step, namely that all the institutions’ relationships with shadow banks are to be disclosed and made subject to supervision. – See Supervision, indirect, Financial Stability Board, Peer-to-peer lending. — BaFin’s 2011 Annual Report, pp. 56 ff. (detailed report on definitional issues, risk monitoring, and approaches to internationally coordinated regulation); Financial Stability Report 2012, p. 78 (uncertain data situation); Deutsche Bundesbank Monthly Report of October 2013, pp. 54 ff. (monitoring and regulation of the shadow banking sector by the Financial Stability Board); BaFin’s 2013 Annual Report, pp. 27 ff. (regulation at the global level).
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/
