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Abstract

Basel III, the Dodd-Frank Act (in the US, 2010) and the Vickers Commission reforms (in Britain 2011) seem to provide a quantum leap step towards an increased credibility of banking regulation. On the contrary, however, they postpone some key regulatory issues, and leave open the door to the devil of financial regulation: the politicians.

Keywords

Central Banker Swiss Franc Banking Crisis European Bank Interbank Market 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Dimitris N. Chorafas 2012

Authors and Affiliations

  • Dimitris N. Chorafas

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