Evaluate the role of regulations and compliance in the strat
Evaluate the role of regulations and compliance in the strategic prevention of systemic risk and contagion.
Solution
Role of regulation in prevention of systemic risks:
Any financial institution that is exposed to systemic risks apart from banks including insurance companies must be regulated.
The above mentioned measures help in prevention of systemic risk & contagion.
These are some of the measures I came across, if you require more information, please post a comment so that I can search for further information rather than a thumbs down.
