The paper provides an axiomatic characterization of dynamic risk measures for multi-period financial positions. For the … special case of a terminal cash flow, we require that risk depends on its conditional distribution only. We prove a … representation theorem for dynamic risk measures and investigate their relation to static risk measures. Two notions of dynamic …

This study examines the liquidity dynamics of banks in emerging market economies. Using annual data of 91 commercial … banks from 11 countries, the study established that banks in emerging markets have target liquidity ratios they pursue and … partially adjust due to market frictions. Overall, risk aversion and prudence play a significant role in explaining the …

regulations aimed at reducing counterparty risk and improving liquidity can be ineffcient. Such regulations have a direct positive …

effects on banks' capital and liquidity ratios when issuing stablecoins or collecting deposits from stablecoin issuers. The … analysis reveals that converting retail deposits into stablecoin issuers' deposits weakens a bank's liquidity coverage ratio … identify the holders to benefit from more favourable liquidity treatment. Additionally, banks must either hold the reserves …

, markets have been expecting a reversal of the interest rate cycle for some time now. As a result, the risk of – possibly …

regimes, also known as prompt corrective action'; 3. Money market operations by Central Banks; 4. Commercial bank liquidity … risk management; 5. Procyclicality of capital adequacy requirements (and mark-to-market), Basel II; lack of counter …-cyclical instruments; 6. Boundaries of regulation, conduits, SIVs and reputational risk; 7. Crisis management:- (a) domestic, within …

present volume look with critical eyes on financial theories, supervisory structures, (mis)pricing of risk and distorted … incentives, risk management models and procedures, conflicts of interest and bank strategies. Their perspectives are quite …