publication . Book . 2015

Regulatory change and monetary policy

Bank for International Settlements;
Open Access
  • Published: 01 May 2015
  • Publisher: Bank for International Settlements
Abstract
Report submitted by a Working Group established by the Committee on the Global Financial System and the Markets Committee. The Group was chaired by Ulrich Bindseil (European Central Bank) and William R Nelson (Federal Reserve Board). Financial regulation is evolving, as policymakers seek to strengthen the financial system in order to make it more robust and resilient. Changes in the regulatory environment are likely to have an impact on financial system structure and on the behaviour of financial intermediaries that central banks will need to take into account in how they implement monetary policy. Against this background, this report assesses the combined impac...
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