The complexity of the financial system leads to considerna series of concepts that the official doctrine has relegated out of dale official borders of scientific thought in terms of systemic organization: autopoiesis, communication, reciprocal causality. They allow us to approach the the...

The work focuses on the evolution of the legal structure of the credit guarantee institutions subsequent to the new regulatory framework. It proposes a third way with respect to two configurations supervised intermediary (Confidi 107 and guarantee bank); the establishment of a network of credit...

The volume and complexity of financial derivatives traded over the counter (OTC) showed in the last two decades a increasing trend. In this context, the interest rate derivatives have a great growth because they are widely used in speculation, arbitrage and hedging strategies. But when the risk...

In the light of the recent financial market turmoil, this paper focuses on liquidity risk management from the point of view of both supervisory authorities and large financial institutions. This research aims at pointing out the main differences between national regulations and supervisory...

The paper analyzes Information Technology (IT) governance disclosure on a sample of the major 20 EU banks (from Italy, Germany, France and Spain) to observe if, how and where banks report on their IT governance issues. Since IT governance (like other aspects of banking business) can be...

Pandemic risks, such as Covid-19, are difficult to insure as they are characterized by multiple factor risks and losses and involve different types of businesses and people simultaneously. The scarcity of time series and statistical data prevents insurers from developing correct pricing. We...

The paper analyzes Information Technology (IT) governance disclosure on a sample of the major 20 EU banks (from Italy, Germany, France and Spain) to observe if, how and where banks report on their IT governance issues. Since IT governance (like other aspects of banking business) can be...

Today, football is widely regarded as one of the most significant leisure activities in people's lives, given its considerable impact in terms of fostering social cohesion, promoting physical and mental health, generating economic and financial benefits, as well as attracting millions of viewers...