Has regulatory reform been misdirected?
Journal of Financial Regulation and Compliance
ISSN: 1358-1988
Article publication date: 10 July 2017
Abstract
Purpose
The purpose of this paper is to provide a provocative and critical introduction and solutions to significant contemporary issues of financial regulation.
Design/methodology/approach
The paper is an expert’s review of contemporary issues and challenges in financial regulation.
Findings
The paper advocates that contemporary financial regulation challenges are addressed through governance reforms and an enhanced focus on maturity transformation, rather than a focus on just capital and liquidity management. In particular, more emphasis should be given to individual decision-makers within banks rather than institutions.
Practical implications
The review paper considers areas where future regulatory reform may be enhanced and redirected.
Originality/value
The review provides original and critical perspectives on contemporary regulatory challenges.
Keywords
Citation
Goodhart, C. (2017), "Has regulatory reform been misdirected?", Journal of Financial Regulation and Compliance, Vol. 25 No. 3, pp. 236-240. https://doi.org/10.1108/JFRC-05-2017-0042
Publisher
:Emerald Publishing Limited
Copyright © 2017, Emerald Publishing Limited