Breaking Risk

SPECIAL REPORT: AVOIDING IT FAILURE

The systemic risks arising from the credit crunch have directed financial regulators to focus on the risk that globalization brings to systemic risk management. Relatively free flows of investment and capital through a range of regulatory jurisdictions have highlighted the challenges that financial regulators face in identifying where a financial firm's exposure may give rise to systemic risk.

On March 31, proposals to improve information exchange and cooperation among financial regulatory

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