LEADER 03785nam 22005535 450 001 9910409660603321 005 20200702021210.0 010 $a3-030-34743-5 024 7 $a10.1007/978-3-030-34743-7 035 $a(CKB)4100000011325800 035 $a(MiAaPQ)EBC6245737 035 $a(DE-He213)978-3-030-34743-7 035 $a(EXLCZ)994100000011325800 100 $a20200630d2020 u| 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 14$aThe Handbook of Global Shadow Banking, Volume I $eFrom Policy to Regulation /$fby Luc Nijs 205 $a1st ed. 2020. 210 1$aCham :$cSpringer International Publishing :$cImprint: Palgrave Macmillan,$d2020. 215 $a1 online resource (822 pages) 300 $aIncludes index. 311 $a3-030-34742-7 327 $a1. Introduction -- 2. The Typology of Shadow Banking -- 3. Financial Intermediation: A Further Analysis -- 4. Securities Lending and Repos -- 5. Central Counterparties and Systemic Risk -- 6. Identifying Non-bank, Non-insurer Global Systemically Important Financial Institutions -- 7.The Policy Train Chasing Shadow Banking -- 8. From Policy to Regulation -- 9. What If Things Still Go Wrong: The Quest for Optimal Resolution Regimes and Policies -- 10. Money Market Funds and Reform -- 11. Taxing (Shadow) Banks: A Pigovian Model -- 12. An Interim Conclusion: Shadow Banking as Market-Based Financing. 330 $aThis global handbook provides an up-to-date and comprehensive overview of shadow banking, or market-based finance as it has been recently coined. Engaging in financial intermediary services outside of normal regulatory parameters, the shadow banking sector was arguably a critical factor in causing the 2007-2009 financial crisis. This volume focuses specifically on shadow banking activities, risk, policy and regulatory issues. It evaluates the nexus between policy design and regulatory output around the world, paying attention to the concept of risk in all its dimensions?the legal, financial, market, economic and monetary perspectives. Particular attention is given to spillover risk, contagion risk and systemic risk and their positioning and relevance in shadow banking activities. Newly introduced and incoming policies are evaluated in detail, as well as how risk is managed, observed and assessed, and how new regulation can potentially create new sources of risk. Volume I concludes with analysis of what will and still needs to happen in the event of another crisis. Proposing innovative suggestions for improvement, including a novel Pigovian tax to tame financial and systemic risks, this handbook is a must-read for professionals and policy-makers within the banking sector, as well as those researching economics and finance. 606 $aBanks and banking 606 $aRisk management 606 $aFinancial crises 606 $aBanking$3https://scigraph.springernature.com/ontologies/product-market-codes/626010 606 $aRisk Management$3https://scigraph.springernature.com/ontologies/product-market-codes/612040 606 $aFinancial Crises$3https://scigraph.springernature.com/ontologies/product-market-codes/617010 615 0$aBanks and banking. 615 0$aRisk management. 615 0$aFinancial crises. 615 14$aBanking. 615 24$aRisk Management. 615 24$aFinancial Crises. 676 $a332.1 676 $a658.155 700 $aNijs$b Luc$4aut$4http://id.loc.gov/vocabulary/relators/aut$0892262 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910409660603321 996 $aThe Handbook of Global Shadow Banking, Volume I$92193198 997 $aUNINA