The impact of financial innovation on banking regulation. Evidence from the global financial crisis

The development of financial innovations in a fast pace led to increased efficiency of the financial system, but raises some issues regarding the regulation and supervision of financial activity. The latest example is the global financial crisis, which has pointed out the negative role played by the...

Full description

Bibliographic Details
Main Author: Claudia Gabriela Baicu
Format: Article
Language:English
Published: Editura Fundatiei Romania de Maine 2011-12-01
Series:Annals of Spiru Haret University Economic Series
Subjects:
Online Access:http://anale.spiruharet.ro/index.php/economics/article/view/566
id doaj-d30dc1934402408c8695b87580993da6
record_format Article
spelling doaj-d30dc1934402408c8695b87580993da62020-11-24T22:34:56ZengEditura Fundatiei Romania de MaineAnnals of Spiru Haret University Economic Series2393-17952011-12-011143140566The impact of financial innovation on banking regulation. Evidence from the global financial crisisClaudia Gabriela Baicu0Associate Professor Ph.D. Faculty of Marketing and International Affaires Spiru Haret UniversityThe development of financial innovations in a fast pace led to increased efficiency of the financial system, but raises some issues regarding the regulation and supervision of financial activity. The latest example is the global financial crisis, which has pointed out the negative role played by the financial innovations of credit risk transfer on the stability of the financial system. Starting from the above, the article herein is structured in the following sections: the first one reviews the decisive factors of the financial innovation, the second one highlights the role of the financial innovations in the global financial crisis and the final one refers to the impact of the financial innovations on the financial regulation and supervision.http://anale.spiruharet.ro/index.php/economics/article/view/566banking regulation, financial innovation, global financial crisis
collection DOAJ
language English
format Article
sources DOAJ
author Claudia Gabriela Baicu
spellingShingle Claudia Gabriela Baicu
The impact of financial innovation on banking regulation. Evidence from the global financial crisis
Annals of Spiru Haret University Economic Series
banking regulation, financial innovation, global financial crisis
author_facet Claudia Gabriela Baicu
author_sort Claudia Gabriela Baicu
title The impact of financial innovation on banking regulation. Evidence from the global financial crisis
title_short The impact of financial innovation on banking regulation. Evidence from the global financial crisis
title_full The impact of financial innovation on banking regulation. Evidence from the global financial crisis
title_fullStr The impact of financial innovation on banking regulation. Evidence from the global financial crisis
title_full_unstemmed The impact of financial innovation on banking regulation. Evidence from the global financial crisis
title_sort impact of financial innovation on banking regulation. evidence from the global financial crisis
publisher Editura Fundatiei Romania de Maine
series Annals of Spiru Haret University Economic Series
issn 2393-1795
publishDate 2011-12-01
description The development of financial innovations in a fast pace led to increased efficiency of the financial system, but raises some issues regarding the regulation and supervision of financial activity. The latest example is the global financial crisis, which has pointed out the negative role played by the financial innovations of credit risk transfer on the stability of the financial system. Starting from the above, the article herein is structured in the following sections: the first one reviews the decisive factors of the financial innovation, the second one highlights the role of the financial innovations in the global financial crisis and the final one refers to the impact of the financial innovations on the financial regulation and supervision.
topic banking regulation, financial innovation, global financial crisis
url http://anale.spiruharet.ro/index.php/economics/article/view/566
work_keys_str_mv AT claudiagabrielabaicu theimpactoffinancialinnovationonbankingregulationevidencefromtheglobalfinancialcrisis
AT claudiagabrielabaicu impactoffinancialinnovationonbankingregulationevidencefromtheglobalfinancialcrisis
_version_ 1725725599402557440