This talk presented on “3rd Bank Indonesia International Seminar on Islamic Finance” emphasized the need for a balanced approach to regulation based on internal, moral and spiritual dimensions.
One key point in my talk was REGULATORY CAPTURE, which is of the essence in discussing MacroPrudential Policy. A very interesting issue/reading proving this point is LINKED HERE This shows how regulatory capture works. For a complete program of the conference see HERE.
(link to: https://sites.google.com/site/asaduzaman/to-do-list/3biisif)