The Palgrave Macmillan Studies in Banking and Financial Institutions have created an ebook called “The Shadow Banking System: Creating Transparency in the Financial Markets”. This book aims to simplify the complexities of the shadow banking system by providing an overview of its entities, operations, and risks.
One of the dominant themes of the book is the importance of transparency and regulation in the shadow banking system. It argues that the lack of supervision has resulted in market failure. The book encourages readers to critically evaluate the regulations that govern the shadow banking system to ensure it operates transparently and efficiently.
Overall, “The Shadow Banking System: Creating Transparency in the Financial Markets” sheds light on a critical component of the financial system and provides insights for anyone interested in understanding the global financial markets.
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