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Chapter 3: Banking Regulation
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Abstract
Section 3.2 of this chapter overviews the crisis and its regulatory failures. Section 3.3 deals with ongoing regulatory reform, while Section 3.4 analyses competition policy and its interaction with regulation. In Sections 3.5 and 3.6 we look at the reform of the European Union’s financial architecture and regulatory framework. The chapter then closes with some concluding remarks.