The Global Financial Crisis – impact on Banks and Regulation
Student Electronic Assignment Cover Sheet
Student (s) Number as per student card
Course Title: MBA in Finance
Lecturer Name: Mr. Enda Murphy
Module/Subject Code: AC692
Module/Subject Title: International Financial Intuitions and Markets
Assignment Title: The Global Financial Crisis – impact on Banks and Regulation (Iceland)
No of Words: 3035 words
Table of Contents
1. Global Financial Crisis-Impact On Bank and Regulations
a. Introduction
b. What Caused the crisis
c. Impact of Global Financial Crisis
2. Contribution of Banking Management and Regulatory team during the Crisis
3. Initiative being taken to restore order
a. Fish business
b. Growth of GDP
4. Conclusion
5. References
INTRODUCTION
The failure of the Icelandic banks in October 2008 had doubtless severe consequences for depositors. During this report, we tend to contemplate three sets of such depositors: native authorities, charities and UK voters UN agency deposited within the Isle of Man and Guernsey subsidiaries of the Icelandic banks. We tend to contemplate the case for the availability of help by the United Kingdom Government to those depositors. We tend to don 't settle for that there 's a requirement to produce assistance to the native authorities. We tend to advocate that, on this occasion solely, all charities should be salaried for losses incurred as a consequence of the failures of the Icelandic banks. Finally, we tend to agree that the overarching principle ought to be that the United Kingdom Government cannot offer protect deposits control by British voters in jurisdictions outside the direct control of the UK. As such, whereas we tend to acknowledge the severe distress of these UK voters suffering owing to the Icelandic banking failure, we will solely advocate that the UK authorities work with the Isle of Man and Guernsey authorities to resolve these problems.
What Caused the Crisis?
Iceland has suffered a
Student (s) Number as per student card
Course Title: MBA in Finance
Lecturer Name: Mr. Enda Murphy
Module/Subject Code: AC692
Module/Subject Title: International Financial Intuitions and Markets
Assignment Title: The Global Financial Crisis – impact on Banks and Regulation (Iceland)
No of Words: 3035 words
Table of Contents
1. Global Financial Crisis-Impact On Bank and Regulations
a. Introduction
b. What Caused the crisis
c. Impact of Global Financial Crisis
2. Contribution of Banking Management and Regulatory team during the Crisis
3. Initiative being taken to restore order
a. Fish business
b. Growth of GDP
4. Conclusion
5. References
INTRODUCTION
The failure of the Icelandic banks in October 2008 had doubtless severe consequences for depositors. During this report, we tend to contemplate three sets of such depositors: native authorities, charities and UK voters UN agency deposited within the Isle of Man and Guernsey subsidiaries of the Icelandic banks. We tend to contemplate the case for the availability of help by the United Kingdom Government to those depositors. We tend to don 't settle for that there 's a requirement to produce assistance to the native authorities. We tend to advocate that, on this occasion solely, all charities should be salaried for losses incurred as a consequence of the failures of the Icelandic banks. Finally, we tend to agree that the overarching principle ought to be that the United Kingdom Government cannot offer protect deposits control by British voters in jurisdictions outside the direct control of the UK. As such, whereas we tend to acknowledge the severe distress of these UK voters suffering owing to the Icelandic banking failure, we will solely advocate that the UK authorities work with the Isle of Man and Guernsey authorities to resolve these problems.
What Caused the Crisis?
Iceland has suffered a
References: Bessis, J. (2012). Risk Management in Banking 3rd Edition. UK: John Wiley & Sons Werner,H Gregoriou,Greg N. (2010). The Banking Crisis and Handbook. USA: CRC Press Rouse, N C