The Shadow Banking System: Creating Transparency in the Financial Markets
Valerio Lemma
Abstract
Open-access reader
Valerio Lemma
Abstract
Open-access reader
The book shows the fundaments of the shadow banking system and its entities, operations and risks. Focusing on the regulatory aspects, it provides an original view that is able to demonstrate that the lack of supervision is a market failure.
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The book shows the fundaments of the shadow banking system and its entities, operations and risks. Focusing on the regulatory aspects, it provides an original view that is able to demonstrate that the lack of supervision is a market failure.
Key concepts: Shadow banking system, Shadow (psychology), Transparency (behavior), Business, Phenomenon, Financial system, Market liquidity, Pension