CRISIS THREAT AND BANKING REFORM TRENDS
CRISIS THREAT AND BANKING REFORM TRENDS
Author(s): Piotr MasiukiewiczSubject(s): Economy
Published by: Prague Development Center
Keywords: Bank crisis; banking institutions; banking refoms; crisis management.
Summary/Abstract: The concepts of regulatory changes, published by individual experts as well as institutions responsible for the financial market, are burdened with the experience of the last subprime credit crunch. Beyond the field of interest there are risks that have appeared in the last years and require decisive actions from banks, e.g. in the area of Internet banking or compliance. These areas seem to need some institutional support for the sector. The author suggets that crisis shock must be fought with the intervention shock, i.e. with a number funds of a number of institutions and huge amounts.
Journal: Perspectives of Innovations, Economics and Business, PIEB
- Issue Year: 6/2010
- Issue No: 3
- Page Range: 52-56
- Page Count: 5
- Language: English