Alexandra Lai
Senior Director
Alexandra Lai is Senior Director (Regulatory Policy) in the Financial Stability Department at the Bank of Canada. In this role, she provides leadership to the development of policy advice on domestic and international regulatory policy, with a focus on regulated financial institutions (e.g., the bank resolution regime and other policy initiatives aimed at ending “too big to fail”), shadow banking, the federal housing finance framework, macroprudential policy, and the provision of central bank liquidity. Ms Lai holds a PhD in Economics from Queen’s University. She joined the Bank of Canada in 2000 and has held positions within the Bank in several areas, including Special Studies (Research), FMI oversight, and regulatory policy.
Latest
November 28, 2017
Shoring Up the Foundations for a More Resilient Banking System: The Development of Basel III
The authors trace the development of the Basel III standards for banking regulation. Basel III builds on two earlier frameworks, in response to weaknesses revealed during the global financial crisis. They highlight how implementation of the standards will underpin greater financial stability and provide a sound foundation for economic growth.
November 17, 2016