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February 19, 2014

In the wake of a series of crises, international and domestic financial regulation has become highly complex and prescriptive, but doesn’t address the fundamental issues behind the crises, according to a report released today by the C.D. Howe Institute.  In “Shareholder Liability: A New (Old) Way of Thinking about Financial Regulation,” author Finn Poschmann finds the regulations ignore history and human behavior. He recommends greater reliance on an incentives-based approach for financial institutions, which shares the risks among bond buyers, shareholders and depositors, as a better backstop to financial stability.


Finn Poschmann
Finn Poschmann

Finn Poschmann graduated in economics from Carleton University in Ottawa in 1986 and is President & CEO of the Atlantic Provinces Economic Council.

He was previously Vice President, Policy Analysis at the C.D. Howe Institute, where he held a variety of positions since January 1998.