Showing 1 - 10 of 22,224
Reforming regulation of the financial sector is currently among the most immediate concerns of domestic and … reform. It argues that the process of reforming financial regulation should begin with a comprehensive, granular study of … the current crisis. Without such an inventory-taking, policymakers will run the risk of commingling crisis …
Persistent link: https://www.econbiz.de/10013158883
Bank regulation used to be riddled with price, product, entry, and location restrictions. These restrictions were … regulation as the product of pure rent seeking by private industry.This Article revisits the role of such restrictions on … essentially true. On the other hand, their unintended historical result was to limit banks' risk-taking incentives and to coopt …
Persistent link: https://www.econbiz.de/10012918941
We develop a simple model of banking regulation with two policy instruments: minimum capital requirements and … regulation. Therefore, countries are better off by harmonising regulation on an international standard …
Persistent link: https://www.econbiz.de/10013090254
We develop a simple model of banking regulation with two policy instruments: minimum capital requirements and … regulation. Therefore, countries are better off by harmonising regulation on an international standard. -- bank regulation … ; regulatory competition ; supervision and regulation …
Persistent link: https://www.econbiz.de/10009667523
-level sources of risk are much easier for corporate governance and regulation to address than risk arising at the systemic level … limited role in the regulation of systemic risk and then relates this discussion to the current state of affairs in the …This paper examines how corporate governance reform of banks relates to systemic risk. Although there has been …
Persistent link: https://www.econbiz.de/10014180082
Risk regulation is of crucial importance for the functioning of contemporary societies, where risk is ubiquitous … politics? This chapter presents the most relevant law and economics theories for the field of risk regulation. It first … paradigm for risk regulation. While among law and economics scholars and in regulatory circles, consensus coalesced around the …
Persistent link: https://www.econbiz.de/10014042576
industry particularly in its attempt to regulate systemic risk. The Dodd-Frank Act, however, does not sufficiently address the … tam model of enforcement as a potentially valuable enhancement to systemic risk reform …
Persistent link: https://www.econbiz.de/10013136859
the context of the progressive inclusion of sustainability factors in microprudential regulation of the banking sector … design) of micro-prudential supervision and regulation, in particular with regard to central banks …
Persistent link: https://www.econbiz.de/10014354271
detailed, specific, and data-driven rules that clearly delineate firms or activities that do, or do not, pose systemic risk …
Persistent link: https://www.econbiz.de/10013011346
For many decades the word “regulation” has been a bogeyman concept evoking images of unproductive and wasteful … — with the exception of libertarians — has actively supported and lobbied for regulation in certain domains of the economy … and society. With the recent financial crisis, this bogeyman image of regulation has been turned on its head. This Essay …
Persistent link: https://www.econbiz.de/10014204104