The essence of blockchain is distributed ledger technology (DLT) that is disintermediated, unchangeable, and decentralized. As an application of blockchain technology, cryptocurrency has impacted the current financial legal relationship, and its regulation is becoming increasingly important....

Could institutional investors contribute to the stability of capital markets? The recent 2007- 2008 American subprime mortgage crisis and the 2009 European sovereign debt crisis provided a good example. Although the impact of the two financial crises is still felt across their respective...

The impact of pension assets on financial development is both quantitatively and qualitatively. On quantitatively, pension funds increase capital supply to financial market. On qualitatively, pension funds as institutional investors could promote corporate governance, information disclosure and...

Since 2009, European countries such as Portugal, Italy, Greece and Spain (the PIGS) have suffered sovereign debt crisis. In this paper, we try to find the reason of debt crisis by statistics analysis and case study. We use panel data for 13 European countries in 2001-2013 and find that when a...

A prerequisite for preserving and increasing the value of pension funds is to make an appropriate investment with them; for this purpose most countries have issued regulation to guide the pension investment. After conducting an empirical analysis of different investment portfolios, e.g. Bank...

The legislation on social insurance anti-fraud is becoming more and more necessary and urgent. This paper uses anti-fraud legislation and execution experiences from other countries as a reference for China. The legal principles of civil law, contract law, tax law and criminal law provide the...

Social insurance fraud is a worldwide phenomenon; the deterrence of it is one of the most important tasks for governments and social insurance agencies. This paper develops a mixed strategy Game model of regulators and the regulated beneficiaries (regulatees) in the disbursal of social insurance...