The proposed revision of the Swiss Banking Act introduces a public liquidity backstop (PLB) for distressed systemically important banks (SIBs), in part to facilitate resolution. We examine the impact of the PLB on fiscal balances, societal welfare, and the incentives of bank shareholders and...

The proposed revision of the Swiss Banking Act introduces a public liquidity backstop (PLB) for distressed systemically important banks (SIBs), in part to facilitate resolution. We examine the impact of the PLB on fiscal balances, societal welfare, and the incentives of bank shareholders and...

Since its inception nearly a decade ago, the annual European System of Central Banks (ESCB) Legal Conference has become a vital forum for legal scholars, practitioners, supervisors, and central bankers. The 2024 edition of the ESCB Legal Conference builds on this tradition by addressing key...

This paper explores the intersection of climate change policies with banking supervisory law. Statutory mandates define banking supervisory agencies' objectives, functions and powers. Policies that aim to address climate change risks appear fully germane to banking supervisors' main objective of...

Banking Union is crucial for European integration, ensuring financial stability in the single market for financial services. The Court of Justice of the European Union (CJEU) plays an essential role in interpreting and enforcing the legal framework of the Banking Union, especially regarding the...

We study the impact of the Community Reinvestment Act (CRA) on access to consumer credit since 1999 using an individual-level panel and three distinct identification strategies: a regression discontinuity design centered on a CRA-eligibility cutoff; a comparison of neighboring census blocks; and...

Data are produced every single instant in the modern era of technological breakthroughs we live in today and is correctly termed as the lifeblood of today's world; whether it is Google or Meta, everyone depends on data to survive. But, with the immense surge in technological boom comes several...

We study the impact of the Community Reinvestment Act (CRA) on access to consumer credit since 1999 using an individual-level panel and three distinct identification strategies: a regression discontinuity design centered on a CRA-eligibility cutoff; a comparison of neighboring census blocks; and...

We study the impact of the Community Reinvestment Act (CRA) on access to consumer credit since 1999 using an individual-level panel and three distinct identification strategies: a regression discontinuity design centered on a CRA-eligibility cutoff; a comparison of neighboring census blocks; and...

We investigate the empirical relationship between macroeconomic risk, bank liquidity, and bank risk surrounding the 1999 Financial Services Modernization Act. We propose that bank risk and liquidity are positively related as macroeconomic risk increases, and that this effect is particularly...

Chapter 1: The principle of proportionality as an area of national discretion -- Chapter 2: Options and Discretions under the Capital Requirements Directive IV -- Chapter 3: The application of National Law by the ECB -- Chapter 4: The Corneli Case and the Application of National Law by the...

Das Kontokorrent bildet die Grundlage für laufende Bankkonten und ermöglicht die Erfassung von Gutschriften und Belastungen. Eine umfassende gesetzliche Regelung fehlt jedoch, besonders zur Wirkung der Verrechnung im Rahmen des Rechnungsabschlusses. Die Untersuchung zeigt, dass die ständige...

The definitions of banking, and particularly the definition aggrandized under the Banking Act, were drafted in so a rigid manner that they failed to possess futuristic qualities and foresight in light of the greatly and ever evolving field of finance. An analysis of these definitions indeed...

The federal government’s primary financial-regulatory tool for combating wealth inequality is broken. Intended to push banks towards deeper engagement with lower-income and minority communities, the Community Reinvestment Act (CRA) of 1977 has failed to meaningfully reduce the prevalence of...

We investigate the impact of bank disclosure regulations on local business activities by exploiting the 2005 Community Reinvestment Act (CRA) reform, which exempted a group of banks from federal mandatory disclosure requirements for geographic loan distribution. We find that low and moderate...

This paper analyzes how bank regulation that promotes greater access to credit impacts the financing of targeted small firms. It develops a model where banks compete with trade creditors to fund small firms and applies it to study the effects of the Community Reinvestment Act (CRA). The...

The great financial crisis and the euro area crisis led to a substantial reform of financial safety nets across Europe and - critically - to the introduction of supranational elements. Specifically, a supranational supervisor was established for the euro area, with discrete arrangements for...

After the removal of geographic restrictions on branching in 2006, China’s city commercial banks (CCBs) can apply for permission to branch outside their province. This paper shows that CCBs report a higher provision coverage ratio (PCR) before filing an application, thereby making the bank...

After the removal of geographic restrictions on branching in 2006, China’s city commercial banks (CCBs) can apply for permission to branch outside their province. This paper shows that CCBs report a higher provision coverage ratio (PCR) before filing an application, thereby making the bank...

In Reaktion auf die globale Finanzkrise der Jahre 2007-2009 wurden in einer Reihe von Rechtsordnungen Bankenstrukturreformen eingeleitet und zum Teil umgesetzt. Diese gesetzgeberischen Bestrebungen zählen zu den wohl umstrittensten und im Hinblick auf die Intensität des Eingriffs in etablierte...

Chapter 1. Islamic Entrepreneurship: a Systematic Literature Review -- Chapter 2. Harmonization of Islamic Financial Literacy in Understanding the Islamic Banking Services: the Case in Malaysia -- Chapter 3. A Systematic Review: Challenge of Islamic Microfinance Baitul Maal Wat Tanwil in...

"Banking is necessary, banks are not." Diese vielzitierte Aussage von Bill Gates aus dem Jahre 1994 lässt sich nicht nur allgemein mit Blick auf die Veränderungen des Bankwesens seit der Finanzkrise 2007/2008 heranziehen, sondern insbesondere angesichts seiner Umbrüche aufgrund sogenannter...

Australian Banking and Finance Law and Regulation provides a comprehensive, up-to-date and accessible introduction to the complexities of contemporary law and regulation of banking and financial sectors in one volume. The book provides a detailed analysis of Australia's financial market...