Crisi finanziaria tra legislazione emergenziale e vigilanza

Abstract

The first chapter of the thesis begins with a brief introduction on what are the principles that regulate the economy and how they affect it. A market without rules or in serious shortage of them is the incubator of problems destined to affect the economies of all Countries. This situation came out with the phenomenon of deregulation, born on the belief that markets are capable of self-regulation, and the lack of rules capable of setting effective limits that led to an exponential increase in risky financial transactions. As we all know, the creation of the subprime housing bubble in the United States is the most striking example of how the lack of rules could lead to the construction of "financial monsters" that caused the collapse of major banking giants, as well as serious repercussions on the whole economic stability. In fact, in 2008, one of the biggest financial crises in the history occurred, following which the emerged the awareness that the regulatory and banking supervision instruments were characterized by serious inefficiencies. ... [edited by Author]