This IMF blog post from the IMF considers one pathway for protecting the global banking system amid the pandemic. Pointing to the experience of the 2008 crisis and recovery, the authors recommend requiring transparent loss reporting, relying on capital and liquidity buffers to support continued lending, and encouraging loan modification.
Tobias Adrian and Aditya Narain, IMF Blog
This paper addresses the challenge to the current financial regulatory regime from fintech firms and data-driven financial service providers. The authors consider new regulatory approaches and propose a a new type of regulatory supervision called ‘smart’ regulation and provides a roadmap to become digitized, and then build digitally-smart regulation.
23 Fordham Journal of Corporate and Financial Law 31-103 (2017)
Dirk A. Zetzsche, Ross P. Buckley, Janos N. Barberis, Douglas W. Arner.
