Project: Mapping the Financial Governance

Sunday, April 20th, 2008

When academics, analysts and scholars analyze the causes and remedies for the current credit crisis, most of them analyze macro-economic trends such as exchange rate movements, or micro-economic changes such as Basel II. How the global financial architecture evolved and how that influences the probability of crisis is very rarely discussed. ...

Responding with a code of conduct - IIF Interim Report 2008 on Best practices

Thursday, April 10th, 2008

The IIF (which is essentially the main political lobby organisation of the large, multinational commercial banks) has released a new report on markets best practices. It can be seen as the response of the banks to the regulatory efforts of the G7 Finance Ministers and the FSF. In summary, Banks ...