Can Consolidated Supervision Deter Shadow Banking?

Can Consolidated Supervision Deter Shadow Banking?

Rituparna Das, Harish C. Chandan
Copyright: © 2016 |Pages: 16
ISBN13: 9781466697584|ISBN10: 146669758X|EISBN13: 9781466697591
DOI: 10.4018/978-1-4666-9758-4.ch003
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MLA

Das, Rituparna, and Harish C. Chandan. "Can Consolidated Supervision Deter Shadow Banking?." Managerial Strategies and Practice in the Asian Business Sector, edited by U Zeyar Myo Aung and Patricia Ordoñez de Pablos, IGI Global, 2016, pp. 30-45. https://doi.org/10.4018/978-1-4666-9758-4.ch003

APA

Das, R. & Chandan, H. C. (2016). Can Consolidated Supervision Deter Shadow Banking?. In U. Aung & P. Ordoñez de Pablos (Eds.), Managerial Strategies and Practice in the Asian Business Sector (pp. 30-45). IGI Global. https://doi.org/10.4018/978-1-4666-9758-4.ch003

Chicago

Das, Rituparna, and Harish C. Chandan. "Can Consolidated Supervision Deter Shadow Banking?." In Managerial Strategies and Practice in the Asian Business Sector, edited by U Zeyar Myo Aung and Patricia Ordoñez de Pablos, 30-45. Hershey, PA: IGI Global, 2016. https://doi.org/10.4018/978-1-4666-9758-4.ch003

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Abstract

This chapter analyzes the business of shadow banking practiced by non banking financial companies that are subsidiaries of bank-groups or conglomerates across the continents. The central banks want to stop shadow banking because it has hidden regulatory arbitrage in it that can create distortions and additional risks to the financial systems. Three countries - one each from Belgium in Europe, Canada in North America and China in Asia in addition to USA and UK along with India are taken as cases in this chapter. This chapter inquires into whether consolidated supervision can work as a way out of the problem of shadow banking.

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