TAILIEUCHUNG - Consultative Document Strengthening Oversight and Regulation of Shadow Banking

In the usual case where a single test is performed on the alpha of one fund (or one portfolio of funds), luck is controlled by setting the significance level γ (or equivalently the Size of the test). The standard approach differs from this framework because it boils down to running a multiple hypothesis test instead of a single one. The null hypothesis H0 of no performance is tested for each of the M funds in the population. In a multiple testing framework, luck refers to the number (or the proportion) of lucky funds among the significant funds that are discovered. Accounting for luck in this situation. | FSB FINANCIAL STABILITY BOARD Consultative Document Strengthening Oversight and Regulation of Shadow Banking A Policy Framework for Strengthening Oversight and Regulation of Shadow Banking Entities 18 November 2012 Preface Strengthening Oversight and Regulation of Shadow Banking Consultative documents The Financial Stability Board FSB is seeking comments on consultative documents on Strengthening Oversight and Regulation of Shadow Banking. The FSB has focused on five specific areas in which the FSB believes policies are needed to mitigate the potential systemic risks associated with shadow banking i to mitigate the spill-over effect between the regular banking system and the shadow banking system ii to reduce the susceptibility of money market funds MMFs to runs iii to assess and mitigate systemic risks posed by other shadow banking entities iv to assess and align the incentives associated with securitisation and v to dampen risks and pro-cyclical incentives associated with secured financing contracts such as repos and securities lending that may exacerbate funding strains in times of runs . The consultative documents published on 18 November 2012 comprise1 An integrated overview of policy recommendations2 setting out the concerns that have motivated this work the FSB s approach to addressing these concerns as well as the recommendations made. A policy framework for oversight and regulation of shadow banking entities. This document sets out recommendations to assess and address risks posed by Other Shadow Banking entities ref. iii above . A policy framework for addressing shadow banking risks in securities lending and This document sets out recommendations for addressing financial 1 As for area i above the Basel Committee on Banking Supervision BCBS will develop policy recommendations by mid-2013. As for areas ii and iv above the International Organization of Securities Commissions IOSCO has developed final policy recommendations in its reports Policy .

• Quỹ đầu tư
• strategy demands
• disproportionately burdened
• attitude or orientation
• Education
• Secondary School
• Credit and Independence
• Báo cáo lâm nghiệp hay
• cách trình bày báo cáo
• báo cáo lâm nghiệp
• công trình nghiên cứu lâm nghiệp
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• macroeconomic and financial
• restore confidence
• confidence