Until a countercyclical buffer has been deployed through an entire cycle, we have no idea how effective it will be.
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As the divide between eurozone and non-eurozone countries grows, the question of whether the UK should stay in the EU becomes less and less relevant.
The IFRS's latest attempt to simplify international accounting rules scores some small victories, but it also introduces a number of significant new problems into the accounting equation.
Cross-border regulation of banks is proving increasingly difficult, despite the call for global regulation of the financial system.
Countries in Africa, including Ghana, Kenya and Zambia, are battling with wide fiscal deficits brought about by grand spending plans.
The New York courts' interpretation of the pari passu clause could have serious implications, not just for Argentina, but for sovereign restructurings the world over.
The US sanctions regime will drive business into the shadows and accelerate the growth of alternative trading currencies.
For years the conventional thinking was that economies where banking assets fell below the level of GDP were emerging whereas economies with banking assets two or three times the size of GDP were acknowledged as advanced. That was before the crisis.
There is a lot of hope pinned on India's newly elected prime minister Narendra Modi. But, with so many economic – not to mention social and political – problems to be tackled, can he live up to expectations?
A novice European parliament will be scrutinising how untested European regulators implement far-reaching new rules for the financial sector
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