The financial crisis has led to a far-reaching redesign of the European regulatory and supervisory framework. Following the commitments made in the context of t

Collateral is one of the building blocks on which the financial markets are constructed. Used for a number of purposes--including trading with central counterpa

This paper focuses on how changes in financial plumbing of the markets may impact the monetary policy options as central banks contemplate lift off from zero lo

How we pay is so fundamental that it underpins everything - from trade to taxation, stocks and savings to salaries, pensions and pocket money. Rich or poor, cri

The Great Financial Meltdown reviews, advocates and critiques the systemic, conjunctural and policy-based explanations for the 2008 crisis. The book expertly ex