Systematic Risk and Prudential Supervision
This paper develops a new viewpoint about how to supervise the systematic risk in financial institution. The author suggests that different prudential supervision mode should be applied for different objects. For a single bank, the department should strengthen the micro-prudential supervision, using rigid constraint provision to monitor the balance sheets. For the correlation between financial institutions and products, the regulators should stress the macro-prudential supervision on the whole system, using free judgment provision to regulate the risk.
Qunying Song
School of Economics Huazhong University of Science & Technology,Wuhan,China
国际会议
International Conference on Management and Service Science(2011年第五届管理与服务科学国际会议 MASS 2011)
武汉
英文
1-4
2011-08-12(万方平台首次上网日期,不代表论文的发表时间)