THE SUPRANATIONAL REGULATORY COMPLACENCY
This is the result of an analysis performed by Markus Schuller for OECD Insights, following his participation in the OECD Financial Roundtable on bail-in instruments. Or as Bloomberg titled: a high-yied investment with a hand grenade attached.
He reflects on the unfinished work in re-regulating capital markets, the lack of effective resolution regimes for big banks and related systemic risk triggers.
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