Tag Archives: Bank for International Settlements (BIS)

Learning from previous crises

Published on: Author: guwebteam

Are we bad students or do we have poor teachers: why don’t we learn the lessons from previous crises?   The global financial crisis of 2007/8 revealed many flaws in the system of regulating and supervising the international banking and financial system. This article shows that most of these flaws had been recognised in earlier… Continue reading

Governance of Governors

Published on: Author: guwebteam

Governance of Governors: the 1974 international banking crisis and the early deliberations of the Basel Committee   The 2007 global financial crisis exposed a range of weaknesses in the fabric of prudential supervision both at national and international level. Given the failure of the Basel Committee framework to develop effective rules that can be implemented… Continue reading