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in developing countries in the light of recent empirical evidence. Second, we explore the role of regulation to address … money networks and the crowding-in of formerly unbanked households. Regulation on consumer protection particularly is of …
Persistent link: https://www.econbiz.de/10013475263
-based regulation, distinguished by a regulatory approach that is concerned with actively supporting innovators in nurturing cutting …
Persistent link: https://www.econbiz.de/10012427907
The article begins by addressing central definitional and taxonomical issues for crowdlending (also known as peer-to-peer lending) as an evolving species of debt-based crowdfunding within the FinTech industry. It considers the regulatory tension between facilitating growth of the crowdlending...
Persistent link: https://www.econbiz.de/10012921471
With transformative evolution involving crypto-assets, machine learning applications and data-driven finance models, complex regulatory and policy issues are emerging. Inadequate frameworks in FinTech markets create regulatory friction and regulatory fragmentation. These limitations continue to...
Persistent link: https://www.econbiz.de/10012642449
submitted its report in 2013 and four of its members recorded dissenting notes. This paper examines the changes in regulation in …
Persistent link: https://www.econbiz.de/10011483647
Macroprudential policies are often aimed at the traditional banking sector while nondepository financial institutions or shadow banks have limited or no prudential regulations. This paper studies the macroeconomic impact of household-side macroprudential tightening in the presence of unregulated...
Persistent link: https://www.econbiz.de/10013264902
The aim of the article is to identify the relationship between the level of regulation of various segments of the … of regulation in 14 segments of the FinTech sector, and based on that, develops the FinTech Regulation Index for the … regulation and the level of FinTech development in the various European Union countries. The econometric analysis confirmed the …
Persistent link: https://www.econbiz.de/10014285940
The 2007-09 financial crisis did not prompt the far-reaching changes to financial sector regulation called for by many … bank securities, which would discourage institutional investors from holding them at a time when their support is needed …
Persistent link: https://www.econbiz.de/10014097230
this natural experiment to evaluate the consequences of bail out expectations for bank behavior using a difference in …
Persistent link: https://www.econbiz.de/10009580069
of a financial crisis: 1) Regulation creates two categories of financial institutions. The first class faces greater … subsidized funds to make riskier investments (including investments in the second class) without regulation compensating for …, which led to a 1990 bank crisis. The model also provides a framework for scholars to examine whether deregulation in the …
Persistent link: https://www.econbiz.de/10013148106