Uploaded on Jul 12, 2016

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'Reinventing Financial Regulations'
In a discussion based on his new book ‘Reinventing Financial Regulation’, Avinash Persaud outlines a blueprint for a new system of financial regulation. Moving away from a traditional statistical analysis of risk, he suggests a new concept – risk capacity, a structural measure that if adopted would prevent a financial crisis should so called ‘safe’ risks go wrong.
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