The global financial crisis is undoubtedly the most severe financial crisis the world witnessed since the great Depression of 1929. The crisis has been analysed by a number of experts offering distinct narratives and counter-narratives. <Br> systemic risk and macroprudential regulations examines causes and consequences of the global financial crisis and proposes a regulatory reforms policy—macroprudential regulations. The book emphasises ‘systemic risk’ as the new-found villain of the financial space and narrates how such risk can be addressed through macroprudential tools. It, thus, offers a possible solution to avoid financial crises in future and facilitates building a safer financial system globally. The book also examines major crisis management frameworks, stress testing, relevant regulatory and supervisory development, and early warning mechanism with detailed cross-country analysis.