This is a survey of progress with the postcrisis global (G20) reform of the financial system, in
five key areas of new regulation:(1) making financial institutions more resilient;(2) ending …

Central counterparties (CCPs) function as financial infrastructures for capital markets in
derivatives. They are designed to reduce aggregate counterparty credit risk. Although CCPs …

It was the best of times, then it was the worst of times. Financial markets soared in the mid-
2000s, only to collapse in the financial crisis of 2008.1 The crisis stemmed from excessive …

The global financial crisis of 2008 brought the TBTF phenomenon into the spotlight and
breathed new life into the old t Saule T. Omarova is a Professor of Law and Public Affairs at …

In the 2007–08 financial crisis, over‐the‐counter (OTC) derivatives triggered the collapse of
colossal financial institutions. In response, global policy makers instituted clearinghouse …

In September 2018, on the tenth anniversary of the Lehman Brothers bankruptcy, 1 events in
Grimstad-a small fishing town in Norway-" shiver [ed] down regulators' spines" all around the …

How best to fight financial panics is a matter of ongoing debate. On the one hand, concerns
about moral hazard abound. When bank depositors and other short-term creditors anticipate …

A repurchase agreement (repo) is the sale of financial assets coupled with a promise to
repurchase the same assets at a later date. With similar economic characteristics to secured …

This paper uses occupational employment and wage data for over 270 industries from 1990
to 2017 to estimate the percentage of an industry's annual labor spending on performing …

Since the global financial crisis of 2008 and 2009 (the" financial crisis"), regulators and
policymakers have been shifting their focus from traditional microprudential regulation …