首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
Time is running out for governments to overhaul regulation of global banks that have become bigger and more powerful since the s
Time is running out for governments to overhaul regulation of global banks that have become bigger and more powerful since the s
admin
2015-07-31
76
问题
Time is running out for governments to overhaul regulation of global banks that have become bigger and more powerful since the start of the financial meltdown three years ago, the International Monetary Fund(IMF)warned. In its half-yearly health check on the financial sector, the Washington-based fund said there was an urgent need for international cooperation to tackle the systemic risks posed by banks deemed "too big to fail".
"The future financial regulatory reform agenda is still a work in progress, but will need to move forward with at least the main ingredients soon," the IMF said in its Global Financial Stability Review. The window of opportunity for dealing with too-important-to-fail institutions may be closing and should not be wasted, all the more so because some of these institutions have become bigger and more dominant than before the crisis erupted.
The fund said the end of the recession and the pick-up in financial markets had cut the estimated losses of banks. But it stressed that the debts amassed by governments in their attempts to lessen the impact of the global recession threatened to open a new chapter in the credit crunch. The IMF said government borrowing would remain high over the next two years, particularly in the UK. In Britain, the increase in both corporate and household debt in the pre-crisis years meant non-financial private sector debt stood at over 200% of GDP. Predicting a slow, shallow and uneven recovery in credit, the fund said bank profits would be affected by a tougher regulatory regime.
The report provided conditional support for the Conservative plan to scrap(废除)the Financial Services Authority and hand banking regulation to the Bank of England. A unified regulator—one that oversees liquidity and solvency issues—removes some of the conflicting incentives that result from the separation of these powers, but nonetheless if it is required to oversee systemic risks it would still be softer on systemically important institutions than those that are not. This arises because the failure of one of these institutions would cause disproportionate damage to the financial system and regulators would be loathing seeing serial failures. Care would be needed, the IMF said, to ensure the right balance between making the financial system safer and ensuring that it continued to be efficient and innovative.
The main reason for governments to rescue the regulation of global banks is that______.
选项
A、the banks hold the dominant position in the financial field
B、they want the banks to become bigger and more powerful
C、the financial recession has a great impact on the whole country
D、innovation puts too much pressure on governments
答案
A
解析
细节辨认题。由定位段可知,这些银行从三年前的金融危机起已经变得越来越大,越来越强,因而被视为“太大而不能倒闭”,并存在系统性风险,由此可见它们的地位之重,故A)为正确答案。
转载请注明原文地址:https://kaotiyun.com/show/R5l7777K
0
大学英语四级
相关试题推荐
ANewYorkTimes-CBSNewspollfoundthatalmost90percentofAmericansthinkthathomeownershipisanimportantpartoftheAm
ANewYorkTimes-CBSNewspollfoundthatalmost90percentofAmericansthinkthathomeownershipisanimportantpartoftheAm
Theproportionofadultswhosaidtheywentona10-minutewalkatleastonceaweekincreasedto62percentin2010,from56pe
Livinginatimewhenanever-increasingnumberofnewsproviderspushaconstantstreamofheadlinesatuseveryday,peopleca
GaspricewarningascoldMarchleadstoshortsuppliesA)ThecoldsnapinMarchcouldleadtoBritain’sgassuppliesrunningou
RecentlytheBarbicanmuseuminLondonheldanexhibitioncalledtheRainRoom.Duringthetimethisexhibitionwasopen,myTwi
A、Readingabook.B、Listeningtomusic.C、Sleepingforawhile.D、Chattingwithothers.B题干考查男士通常如何在火车上打发时间。对话中提到男士通常(在火车上)听音乐,故
A、MovingtoWales.B、Buyinganewhouse.C、Jokingwithpeople.D、Makinghisdecision.A
"Whereistheuniversity?"isthequestionmanyvisitorstoCambridgeask.Butnoonecouldpointatanyone【B1】______becauset
Whodesignedthefirsthelicopter?Who【C1】______ofthemostfamouspicturesintheworld?Whoknewmoreaboutthehumanbodytha
随机试题
A、Protecttheeyesightoftheyoungergeneration.B、Takeeffectivemeasurestoraiseproductivity.C、Realizethedisruptiveeffe
清热利湿宜生用,健脾止泻宜炒用的药物是
静脉注射高浓度的葡萄糖溶液后,尿液增多的原因是()。
下列各项行为中,属于代理的是:
有一栋四层公寓,每层建筑面积相等,已知第二层的房地价值为第一层的1.05倍,第三层的房地价值为第四层的1.15倍,第四层的房地价值为第二层的91%。按房地价值分摊法计算得出第三层占有的土地份额约为27%。()
线路的平面控制宜采用()进行布设。
下列单代号网络图中,违反绘图规则的错误地方有()。图1单代号网络图
现在有八个箩筐排成一排,已知每个箩筐里都有不同个数的苹果(大于等于1),从第三个箩筐开始,每个箩筐里面的苹果个数是前边两个箩筐苹果个数之和,已知第五个箩筐里面的苹果个数为7,那么第七个箩筐的苹果个数为()个。
促进个人与社会的和谐,要
设某曲线L的线密度μ=x2+y2+z2,其方程为x=e’cost,y=e’sint,z=,-∞<t≤0.求曲线L的弧长l;
最新回复
(
0
)