Purpose – The purpose of this paper is to analyze the rationale for Bank Recovery and Resolution Funds (BRRFs) in the context of the present European Union's (EU) decentralized safety net. Design/methodology/approach – The paper makes some reflections on the governance aspects of BRRFs that...

Purpose – The purpose of this paper is to highlight the potentials offered by New Product Committees for the development of responsible innovation in the financial services industry; and to provide grounds for policy recommendations. Design/methodology/approach – The paper takes the form of...

Purpose – The purpose of this paper is to investigate the UAE national banks' practices of corporate governance (CG) and the perception of the UAE national banks of the effects of CG on performance and financial distress. Design/methodology/approach – A modified questionnaire has been...

Purpose – The purpose of this paper is to examine liquidity risk in Pakistani banks and evaluate the effect on banks' profitability. Design/methodology/approach – Data are retrieved from the balance sheets, income statements and notes of 22 Pakistani banks during 2004‐2009. Multiple...

Purpose – The timeliness of portfolio holdings information disclosure has been of interest among regulators, academics and practitioners since the Investment Company Act of 1940. The Securities Exchange Commission has been trying to strike a balance between investors' interest in timely...

Purpose – The purpose of this paper is to answer a specific research question: How have EU and US regulators translated the idea of central clearing into law? Design/methodology/approach – A meticulous legal research is carried out. First, the pre‐crisis regulatory regime for credit...

Purpose – The purpose of this paper is to chart the chronology of insurance regulation in Ireland and evaluate the integration within European Union directives. Design/methodology/approach – The approach used was to chart the development of insurance regulation in Ireland and establish the...

Purpose – The UK responded with Bribery Act 2010 (BA 2010) after various international criticisms. The purpose of this article is to review its implications for UK regulated firms and foreign equivalents. Design/methodology/approach – The approach adopted is qualitative relying on primary...

Purpose – The purpose of this paper is to investigate the informational opacity of Tunisian banks versus non‐banking firms taking into account information environment changes. Design/methodology/approach – This research uses the synchronicity of stock returns as a proxy of informational...

Purpose – Recent events demonstrate that problems in the banking system pose a significant threat to the health of the global economy. Despite several shortcomings the Basel Accord thus emerges as an attempt to protect banking systems. The purpose of this study is to shed light on potential...