En european Economic and Social Committee




Yüklə 10.7 Kb.
tarix13.04.2016
ölçüsü10.7 Kb.

EN


European Economic and Social Committee





AMENDMENT 5

DOSSIER:

INT/643

Shadow banking

484th PLENARY SESSION

14-15 November 2012





RAPPORTEUR:

Juan Mendoza Castro







Peter Morgan


Point 3.2
Amend as follows:
3.2 The business of banking has changed profoundly as a result of deregulation. Traditional, essentially deposit-based financing, Because of the crisis, traditional commercial banking, which had for decades contributed to prosperity and helped increase people's standards of living, has been more or less crippled. As they eliminate the gross excesses of the shadow banking system, the regulators was replaced by a much less stable source of funds (the capital markets) largely involving short-term operations, leading to an increase in systemic risk. Although the financial system's need for liquidity - which at present depends to a large extent on the shadow banking system - is unquestionable, the lesson to be drawn from the crisis is that the regulatory process should now give priority to the stability of the financial system, which is indispensable.
Reason
To be given orally.

_____________




INT/643 – CES1253-2012_05_00_TRA_AMP


Verilənlər bazası müəlliflik hüququ ilə müdafiə olunur ©azrefs.org 2016
rəhbərliyinə müraciət

    Ana səhifə