This paper is aimed at explaining why higher concentrations of the ownership of large firms do not necessarily and automatically facilitate lower risk taking levels – where there is scope for the abuse of powers. As well as illustrating why effective corporate governance systems are essential...

Consolidating on a choice selection of chapters from its predecessor volume, “Designing Optimal Models of Financial Regulation in a Changing Financial Environment” – as well as conference presentations and recent global developments, this volume specifically addresses and recommends...

Consolidating on the Symposium “The Promise and Perils of Convergence in Financial Regulation and Consumer Protection”…………………., this volume focuses exclusively on the structure of financial regulation – as well as the system of financial supervision – in incorporating the...

In its aims to address concerns raised by the Basel Committee's June 2013 consultative paper, namely concerns that the Consultative Paper's definition of exposure was “too expansive”, that is, “the leverage ratio's denominator was too large”, changes have been made to the June 2013...

As well as highlighting the importance of cost benefit analyses in decision- making processes here (expected) outcomes are very difficult to predict – given the degree of prevailing and potential risks and uncertainties, as well as the unquantifiable nature of such risks and uncertainties,...

As regards macro prudential policies, the focus by Basel III on macro prudential policies can also be considered a consequence of the recent Financial Crisis. Hence, in response to efforts aimed at addressing issues relating to coordination, this paper not only seeks to highlight and...

The introduction of traditional policies to provide “additional monetary stimulus” in the aftermath of the recent Financial Crisis has been instigated by central banks such as Danmarks Nationalbank (DN), the European Central Bank (ECB), Sveriges Riksbank, the Swiss National Bank (SNB) and...

In considering why practices which stimulate incentives for private agents to exert corporate control should be encouraged, this paper highlights criticisms attributed to government control of banks. However the theory relating to the “helping hand” view of government is advanced as having a...