This paper examines wealth effects and changes in the systematic risk associated with the return structure of the “three-pillar” functional system in Greece, resulting from the introduction of the eight major European Union Banking Directives over the period 1990-94. The findings indicate...

The purpose of this paper is to provide banking regulators with another tool to crosscheck the appropriateness and consistency of levels of capital adequacy for banks. The process begins by examining banking systems and focuses on market risks and the systemic risks associated with growing...

This paper examines wealth effects and changes in the systematic risk associated with the return structure of the “three‐pillar” functional system in Greece, resulting from the introduction of the eight major European Union Banking Directives over the period 1990‐94. The findings...

The purpose of this paper is to provide banking regulators with another tool to crosscheck the appropriateness and consistency of levels of capital adequacy for banks. The process begins by examining banking systems and focuses on market risks and the systemic risks associated with growing...

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 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 default...