Assessment of the Regulation of Global Financial Markets after Financial Crisis

Yanyu Xu

Bachelor's thesis

Abstract:

As we know that, the reform of financial market has been important in the last decades, especially after the 2007 Financial Crisis. Moreover, the supervision and regulation has been the object of important change. A number of countries (the USA, UK) are presently radically changing their regulatory system. In other European countries, evolution trends are moving in the same direction. In order to In order to have an assessment of the financial regulation reform after subprime crisis, I compare the reform among countries and different sectors. First, I describe the principle of financial market regulation. Next, I demonstrate the regulation system before crisis, by using the USA and UK as an example. Then I discuss the reform by in terms of countries and industries. Finally, I summarize my conclusion that the regulation reform after crisis concentrates on the four fields, systemic risk & macro prudential supervision, government safety net & problem institutions, securitization & the credit derivatives market, credit rating agencies. Apparently, the regulation is more strictly.

Abstract:

As we know that, the reform of financial market has been important in the last decades, especially after the 2007 Financial Crisis. Moreover, the supervision and regulation has been the object of important change. A number of countries (the USA, UK) are presently radically changing their regulatory system. In other European countries, evolution trends are moving in the same direction. In order to In order to have an assessment of the financial regulation reform after subprime crisis, I compare the reform among countries and different sectors. First, I describe the principle of financial market regulation. Next, I demonstrate the regulation system before crisis, by using the USA and UK as an example. Then I discuss the reform by in terms of countries and industries. Finally, I summarize my conclusion that the regulation reform after crisis concentrates on the four fields, systemic risk & macro prudential supervision, government safety net & problem institutions, securitization & the credit derivatives market, credit rating agencies. Apparently, the regulation is more strictly.

Keywords

Financial Market, Financial Regulation, Financial Crisis, Financial Reform

Keywords

Financial Market, Financial Regulation, Financial Crisis, Financial Reform

Language used: English

Date on which the thesis was submitted / produced: 7. 5. 2015

Thesis defence

• Date of defence: 9. 6. 2015
• Supervisor: Kateřina Kořená
• Reader: Martina Novotná

VŠB - Technical University of Ostrava

Ekonomická fakulta

Bachelor programme / field:
Hospodářská politika a správa / Finance