Turner Review: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Create page. Source: Turner Review http://www.actuaries.org/CTTEES_TFRISKCRISIS/Documents/turner_review.pdf)
 
imported>Doug Williamson
(Mend link.)
 
Line 19: Line 19:
* [[Commercial bank]]
* [[Commercial bank]]
* [[Credit crunch]]
* [[Credit crunch]]
* [[CRD]]
* [[Capital Requirements Directive]] (CRD)
* [[Dodd-Frank]]
* [[Dodd-Frank]]
* [[EMIR]]
* [[EMIR]]

Latest revision as of 20:37, 25 June 2022

Global Financial Crisis - regulation - UK.

The Turner Review examined the causes of the Global Financial Crisis, and made recommendations for changes in regulation and supervision.

It started its work in October 2008, and reported in March 2009.


The Turner Review's recommendations included:

  • Increasing the quality and quantity of capital in the global banking system.
  • Recognising liquidity regulation and supervision as of equal importance to capital regulation.
  • Constraining commercial banks' role in risky proprietary trading activities.


See also


External link

The Turner Review, 2009