Purpose – Abandoned acquisitions represent a significant aspect of acquisition activity. Despite this, little analysis of aggregate abandoned acquisition activity has been conducted. This paper aims to address this gap by analysing trends in aggregate abandoned acquisitions....

Purpose – The purpose of this paper is to chart the development of bancassurance as a method of selling insurance and how it fits within the regulatory environment in Ireland. Design/methodology/approach – General review of the leading financial institutions retailing insurance in Ireland...

Purpose – Achieving equal treatment of credit applicants has been a legitimate concern of legislators and the credit industry. However, measures taken to date in attempting to comply with anti-discrimination laws arguably do not allow for the most effective use of credit scoring models, and...

Purpose – The purpose of this paper is to provide a theoretical framework for the legal classification of trading venues in financial markets. Currently, there is no clear definition of when a trading platform should be classified as multilateral or bilateral. This paper builds a theoretical...

Purpose – The purpose of this paper is to focus on changes in the compliance function within major European banks and other financial intermediaries and on the effects of Markets in Financial Instruments Directive (MiFID) implementation. Design/methodology/approach – The four areas of...

Purpose – The purpose of this paper is to define the key components of an effective regulatory regime. Design/methodology/approach – The paper takes the form of a critical analysis. Findings – Regulatory arbitrage has been one of the major factors contributing to the severity of the...

Purpose – This paper compares the performance of the big four UK banks and four Australian banks between 2004-2009. The banks are chosen according to the total assets as listed in The Banker magazine 2009. The purpose is to analyse why UK banks were more vulnerable to the financial crisis of...

Purpose – The authors' paper aims to examine the organizational issues that come from the recent establishment of the compliance function in Italian banks. Design/methodology/approach – The authors' paper takes as a starting point the Bank of Italy's regulations and the existing literature...

Purpose – The financial crisis has led the Basel Committee to improve the system of capital requirements for market risks. This paper aims to investigate the effects of different models to estimate the market risk in the management of the trading book. The study takes into account the events...

Purpose – Congress and the Securities and Exchange Commission (SEC) have mandated mutual fund disclosure regimes to help investors make better investment decisions to strike an optimal balance between the investors' interest in more timely and accurate portfolio holdings disclosure and the...