Growth of shadow banking and over‑the‑counter derivatives markets (1990–2008)

1. ISDA publishes the 1992 Master Agreement

   Jan 1, 1992Labels: ISDA, ISDA Master

   • ISDA wiki

2. Basel Committee proposes market-risk capital rules

   Apr 12, 1995Labels: Basel Committee, Market Risk

   • OCC release

3. Basel issues Market Risk Amendment

   Jan 1, 1996Labels: Basel Committee, Market Risk

   • BIS history
   • BIS press

4. CFTC launches OTC derivatives concept release

   May 7, 1998Labels: CFTC, OTC derivatives

   • CFTC testimony

5. Federal Reserve facilitates LTCM rescue deal

   Sep 23, 1998Labels: Federal Reserve, LTCM

   • FedHistory

6. Basel issues guidance on leveraged counterparties

   Jan 28, 1999Labels: Basel Committee, Leveraged Counterparties

   • BIS HLIs

7. Financial Stability Forum holds first meeting

   Apr 14, 1999Labels: Financial Stability, FSF

   • FSB archive

8. Gramm–Leach–Bliley Act becomes U.S. law

   Nov 12, 1999Labels: Gramm Leach, U S

   • FedHistory

9. PWG report seeks legal certainty for OTC derivatives

   Nov 15, 1999Labels: President's Working, PWG

   • Treasury report
   • House docs

10. Commodity Futures Modernization Act enacted

    Dec 21, 2000Labels: CFMA, U S

    • Congress gov

11. Basel II framework is released

    Jun 1, 2004Labels: Basel II, Basel Committee

    • BIS history

12. SEC approves Consolidated Supervised Entities program

    Jun 8, 2004Labels: SEC, CSE program

    • SEC release

13. Bear Stearns’ subprime hedge funds are shut down

    Jul 1, 2007Labels: Bear Stearns, Subprime Hedge

    • CNBC

14. Lehman Brothers files for bankruptcy protection

    Sep 15, 2008Labels: Lehman Brothers, Bankruptcy

    • HISTORY