Question: (a) Identify 3 significant, banking regulations (Micro Prudential, Macro Prudential) that have been introduced arising from the Global Financial Crisis. In each case explain the
(a)Identify 3 significant, banking regulations (Micro Prudential, Macro Prudential) that have been introduced arising from the Global Financial Crisis. In each case explain the regulation in detail and why this regulation was introduced. This should include the market failure(s) that this regulation is addressing, the deficiencies of the existing regulation, the aims and objectives of the regulation etc.
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