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Securing Effective Regulation of the Shadow Banking System

Mugasha, A (2018) 'Securing Effective Regulation of the Shadow Banking System.' European Business Law Review, 29 (4). pp. 497-525. ISSN 0959-6941

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This article examines the recent regulatory reforms of the shadow banking system and why they were necessary. Using securitisation, securities financing and money market funds as illustrations, the article concludes that the diverse and extensive new regulations on shadow banking are likely to succeed because they build upon some core principles that have been trialled elsewhere in the contemporary and wider financial regulation. While those core principles extend the boundaries of conventional banking regulation, they aim to accomplish the same objective of financial stability. Viewed in that light, the article concludes, the new regulations on shadow banking constitute an evolutionary positive step that fortifies the core principles of modern financial regulation.

Item Type: Article
Subjects: K Law > K Law (General)
Divisions: Faculty of Humanities > Law, School of
Faculty of Humanities
SWORD Depositor: Elements
Depositing User: Elements
Date Deposited: 08 Aug 2018 06:39
Last Modified: 06 Jan 2022 13:46

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