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Global banking reform and the impact on investments

by William Arnold | Sep 11, 2012

Given the significant cost to government in supporting the banking sector in the aftermath of the GFC, global banking regulators set out to strengthen the powers and tools available to restructure or resolve financial institutions in crisis.  They aimed to address the issue of “too big to fail” where systemically important institutions would cause more damage to the economy if they failed as opposed to a  government bail out at the expense of taxpayers. This paper tracks the progress of such regulation, compares the regimes across jurisdictions and the impact on bonds.

Please see the attachment below for a full report.