However, regulators might be able to rely on the market itself to punish
complex financial innovations.
Not exact matches
In a speech laying out the potential changes wrought by
financial innovations, Lagarde also said that over the next generation, «machines will almost certainly play a larger role» in helping policymakers, offering real - time forecasts, spotting bubbles, and uncovering
complex financial linkages.
It involved many
innovations in the supervisory process that will continue to influence the approach to the supervision of large
complex financial institutions in the future.
This time, however, it is not increasingly
complex and sophisticated
financial instruments that they are focused on but a different kind of
innovation.
The implication, Schöler said, is that «banks need not avoid risky
financial innovations, they should avoid
complex ones and strive for radical
innovations.»
In the recent
financial crisis, some
innovations were so
complex that even the firms that created them did not fully understand their implications.
The
financial industryâ $ ™ s creation of literally hundreds of technology funds, telecommunications funds, Internet funds, and the like to capitalize on the Information Age during the New Economy craze of 1998 to 2000 is a good example of
complex innovation run amok.
But I continue to be convinced that the goal is sound, and so the purpose of this second edition, like the first, is not only to introduce some of the basic ideas of corporate finance but also to suggest how fundamental
financial principles and modern
financial innovations may be contextualized within a
complex business, accounting, legal and regulatory matrix.
It is obviously a positive thing to see
financial investment in socially beneficial enterprises and there is definitely a need for
innovation in the public sector as the scale of the problems they face get ever larger and more
complex.
SES Insurance has a 28 - year history of
innovation in creating technology driven insurance solutions to enable
financial institutions, investors and brokers to simplify
complex insurance transactions for dynamic real estate portfolios.