四川大学：《货币银行学》课程教学资源（课件讲义，双语版）Chapter 10 Financial Regulation and Financial Innovation

Chapter 10 Financial regulation and Financial innovation (

Chapter 10 Financial Regulation and Financial Innovation

11tE- 10.1 The Regulation of Markets and Institutions t Financial system is one of most intensely regulated sectors of the U.S econo omy

10.1 The Regulation of Markets and Institutions Financial system is one of most intensely regulated sectors of the U.S economy

a The reasons for regulation & promoting competition protecting individual consumers e assuring tinancial system stabllity &e facilitating monetary policy (

The reasons for regulation promoting competition protecting individual consumers assuring financial system stability facilitating monetary policy

10.1.2 The regulation of financial market in the u.s Much of the regulation if U.s. financial markets is driven by the desire to protect individual investors and the philosophy that the best protection is the information about the securities in the marketplace

10.1.2 The regulation of financial market in the U.S. Much of the regulation if U.S. financial markets is driven by the desire to protect individual investors and the philosophy that the best protection is the information about the securities in the marketplace

IThe regulation of the primary market 2. The regulation of the secondary market (

1.The regulation of the primary market 2.The regulation of the secondary market

M14 10.1.3 The regulation of commercial banks in the u.s 1. The U.S. Banking Regulatory Structure Federal deposit Insurance Corporation (FDIC

10.1.3 The regulation of commercial banks in the U.S. 1. The U.S. Banking Regulatory Structure Federal Deposit Insurance Corporation (FDIC)

Regulations of nondepository financial intermediaries 8 How nondepository financial intermediaries are regulated depends very much on the types of liabilities they issue The Employee retirement Income Security Act ( ERISA (

Regulations of nondepository financial intermediaries v How nondepository financial intermediaries are regulated depends very much on the types of liabilities they issue. v The Employee Retirement Income Security Act (ERISA)

2. Regulations to protect individual depositors and financial system stability d Bank examination d Deposit Insurance d Risk-Based capital Requirements d Prompt Corrective Action risk-Based Deposit Insurance Premiums

2. Regulations to protect individual depositors and financial system stability Bank Examination Deposit Insurance Risk-Based Capital Requirements Prompt Corrective Action Risk-Based Deposit Insurance Premiums

3. Regulations of nondepository financial intermediaries >How nondepository financial intermediaries are regulated depends very much on the types of liabilities they issue >The Employee Retirement Income Security Act (ERISA) (

3. Regulations of nondepository financial intermediaries ØHow nondepository financial intermediaries are regulated depends very much on the types of liabilities they issue. ØThe Employee Retirement Income Security Act (ERISA)

:B1014Wr A Meet: The Glass-Steagall Act, A Collapsing Barrier >The genesis of Glass-steagall >The Erosion of Glass-Steagall >The risk of Universal Banking

10.1.4Where Securities Market and Banking Regulation Meet: The Glass-Steagall Act, A Collapsing Barrier ØThe Genesis of Glass-Steagall ØThe Erosion of Glass-Steagall ØThe Risk of Universal Banking