VoxEU Video
NIESR Conference: Financial Regulation: Thorsten Beck
The regulatory response since the Global Crisis has been largely national with some international coordination. In this video, Thorsten Beck argues that because there has been an increase in cross-border banking, cooperation has to become more efficient. So far it has been a “sunny day” cooperation but more importance needs to be given to “rainy days” cooperation as failure to do so would have huge impacts. This video was recorded at the 18th March 2016 conference on Financial Regulation organized by NIESR and held at the Bank of England.
