Sunday, December 26, 2010

Us-european financial reform game map

The current global economic situation variables increased. Recovery results in order to consolidate and reshape financial competitiveness and development of the financial right to speak, the U.S. and Europe to actively promote the reform of the financial mechanism. Following the completion of the United States on July 21 "Dodd-Frank Wall Street Reform and Consumer Protection Law", European development effort began in September. The choice of monetary policy has been rising to the national interests of the game, "the water."
U.S. financial reform is the direct cause of the subprime mortgage crisis, but deeper look, is its economic structure and growth model has to unsustainable proportions. How to guide the financial sector for economic transformation services to address the problem of excessive expansion of the virtual economy, for enterprises to establish an open and competitive financing environment, as the U.S. financial reform, the basic starting point. Europe's financial reforms in the subprime mortgage crisis and experienced a sovereign debt crisis in Europe after the double blow, it shows both the fiscal and financial system, the characteristics of remodeling.
United States and Europe in some ways the two sides the same financial demands. Such as raising capital, leverage, liquidity, risk control, regulatory standards, strengthen bank capital and liquidity standards. This also contributed to the Sept. 12 Basel III key elements of the smooth baked.

No comments:

Post a Comment