Instructions

 (Financial Regulation: Past, Present & Future

•  Banking Regulation and Basel III

Write an essay that examines the past, present and future developments in regard to regulation in each sector.  Your essay must identify the following:

•  An analysis of previous regulations in the sector with reference to public and private interest theories.
•  A critical review the current state of regulation in sector with including recent developments in cross-border regulation in your chosen sector with an emphasis on EU regulatory approaches
•  Future developments and concerns in your banking sector
•  Need  Example , Piechart, ghaphs ,table, diagram etc
•  Use article information or data from the google scholor.

The essay must be approximately 2,000  words excluding bibliography

The financial crisis 2007-2009 will not be forgotten in a hurry because of its impact on the global financial system almost replicating the Great Depression. Major and causal factors contributed to the financial crisis, and this prompted the establishment of Basel III to contain the crisis. Basel III introduced improved capital and liquidity rules, but still could not contain the crisis. This leaves regulators with questions of how to prevent another financial crisis in the future. Evidences suggest that the financial market is evolving because of its complex and changing nature, and so are the international banking regulations (Basel I, Basel II and Basel III) that support the system in terms of maintaining economic and financial stability. It is clear that Basel III will not stop the next financial crisis even though the Basel accords continue to evolve in response to maintaining economic and financial stability, with the core purpose of preventing another financial crisis