Over a decade has passed since the collapse of the U.S. investment bank Lehman Brothers marked the onset of the largest global economic crisis since the Great Depression. The crisis revealed major shortcomings in market discipline, regulation, and supervision, and reopened important policy debates on financial regulation. Since the onset of the crisis, policymakers have emphasized better regulation of banking systems and enhanced the tools available to supervisory agencies to oversee banks and intervene speedily in case of distress.
Join us online and in Washington, DC at World Bank headquarters on November 6 for the launch of the Global Financial Development Report 2019/2020: Bank Regulation and Supervision a Decade after the Global Financial Crisis. Drawing on 10 years of data and analysis, this 5th edition in the Global Financial Development Report series provides new data and evidence on the regulatory remedies adopted to prevent future financial instability and sheds light on ongoing policy debates.
The report addresses key questions, including the impact of reforms on market discipline and bank capital, the delicate balance between the demands for a safety net for users of the financial system and potentially severe moral hazard consequences, and the role of capital regulation in improving stability and access. The report provides a synthesis of what we know, as well as areas where more evidence is still needed.
The Global Financial Development Report 2019/2020: Bank Regulation and Supervision a Decade after the Global Financial Crisis and the accompanying Bank Regulation and Supervision Survey data will be available online starting at 9am ET on November 6 at the following link: