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Mortgage lending in Korea : an example of a countercyclical macroprudential approach [PDF]

open access: yes
Regulatory regimes are actively discussing macroprudential policy. Korea pursued a countercyclical macroprudential approach to prevent the overheating of mortgage lending and to minimize the risk of loan default.
Chang, Soon-taek
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Warding Off Financial Market Failure: How to Avoid Squeezed Margins and Bad Haircuts [PDF]

open access: yes
Regulators aiming to ward off the next financial market failure need to implement rules to smooth the boom-bust cycle in margin requirements and haircuts used in securities financing and derivative transactions, which seriously exacerbated the last ...
David Longworth
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Emerging contours of financial regulation: challenges and dynamics. [PDF]

open access: yes
The current ongoing financial crisis is attributed to a variety of factors such as the developments in the subprime mortgage sector, excessive leverage, lax financial regulation and supervision, and global macroeconomic imbalances. At a fundamental level,
Mohan, R.
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