banking reform
Restructuring monetary institutions
Banking reform refers to changes in laws, regulations, or practices governing financial institutions—typically in response to economic crises, scandals, or systemic failures.
Reform efforts may address capital requirements, lending practices, consumer protections, or institutional oversight: The 2008 financial crisis prompted sweeping banking reform.
The term implies correction of existing problems rather than creation of new systems.
- Glass-Steagall ActLaw dividing banking types
- too big to failRequiring rescue due to scale
- financial stabilitySound economic standing
- billAmount owed, written
- complianceAdhering to requirements
oversight · risk management · corporate governance · systemic risk · microfinance · shadow banking · Dodd-Frank · stress testing · consumer protection · lending practices · whistleblowing policies · transparency initiatives · holding companies · fiduciary duty · fintech · stakeholder engagement · investment banking · bailout
- Ottoman ReformsTanzimat reforms, secularization, military reforms, tax reforms, land reforms
- economic policymonetary policy, tax policy, fiscal discipline, fiscal stimulus, fiscal restraint
- US bankingFDIC, Fed, national banks, Federal Reserve, Glass-Steagall
- Depression EraGreat Depression, Hooverville, breadline, dust storms, soup kitchen
- European Economieseconomic growth, market economy, economic miracle, economic integration, liberalization
- Modern ChinaDeng Xiaoping, Xi Jinping, economic reforms, economic zones, opening up
banking reformderegulation
Removing governmental business restrictions
financial deregulation · liberalization · decontrol · self-regulation