NIESR Conference: Financial Regulation: Gianni Di Nicolò

• Giovanni Nicolo
• 15 Apr 2019

Market failures in bank and market liquidity – things such as fire sales and rollover risk – were key elements in the Global Crisis. In this video, Giovanni di Nicolò suggests such dangers could be reduced if banks had a ratio of liquid assets to liquid liabilities close to 1 – they certainly should be higher than they are now. While there is a wide consensus on the need to avoid another such liquidity crisis, there is no agreement on which tools would be best to achieve this. This video was recorded at the 18th March 2016 conference on Financial Regulation organized by NIESR and held at the Bank of England.