We introduce the regulatory arbitrage of risk measures, one of the key considerations in choosing a suitable risk … measure to use in banking regulation. A regulatory arbitrage is the amount of capital requirement reduced by splitting a … financial risk into several fragments, regulated via a risk measure separately. Coherent risk measures by definition are free of …

the same insurance holding group. Our findings expose how insurers use reinsurance to obfuscate their asset risk …

the risk of the whole portfolio including KVA across all counterparty positions. Hence there are entity level aspects of …

The article deals with the liquidity risk in the banks in the context of the financial crisis. At first, the balance … sheet and market liquidity are defined and the main principles of the methods for measuring liquidity risk, which banks use …

communicating whether to initiate a bailout program to maintain risk taking by banks …

) risk. Using manually collected data from microfinance institutions' financial reporting, I find that the microfinance … sector faces minimal liquidity risk, high interest rate risk and a lower than commonly assumed exposure to FX risk. Linking … risk exposure to institutional characteristics, the data shows that legal status and regional affiliation are correlated …