Showing 1 - 10 of 11
Since the outbreak of the financial crisis, the macro-prudential policy paradigm has gained increasing prominence (Bank …
Persistent link: https://www.econbiz.de/10011477619
Persistent link: https://www.econbiz.de/10012621605
This paper examines the supervision of Central Clearing Counterparties (CCPs) in Europe, since they function as an important pillar of the Capital Markets Union. Our research indicates that the current national-based supervision of CCPs leads to regulatory arbitrage and exposes the EU to huge...
Persistent link: https://www.econbiz.de/10012051209
Does the new European outlook on financial markets, as voiced by the EU Commission since the beginning of the Capital Market Unions imply a movement of the EU towards an alignment of market integration and direct supervision of common rules? This paper sets out to answer this question for the...
Persistent link: https://www.econbiz.de/10011891789
This paper contributes to the debate on the adequate regulatory treatment of non-bank financial intermediation (NBFI … example of credit funds as non-bank entities economically engaged in credit intermediation to illustrate the merits of the …
Persistent link: https://www.econbiz.de/10012668201
supervisory practices, and there is a roughly equal division between those countries that rely on the central bank as the chief … bank or indirectly through a subsidiary of a bank, rather than through a holding company structure. The notable exceptions … illustrating a way in which empirical examinations of bank performance might be enriched by taking into account differences in …
Persistent link: https://www.econbiz.de/10013072180
from the most recent (2011-2012) World Bank survey on banking supervision and regulation. Key observations emerging from …
Persistent link: https://www.econbiz.de/10013052430
This policy letter provides evidence for the crucial importance of the initial regulatory treatment for the further development of financial innovations by exploring the emergence and initial legal framing of off-balance-sheet leasing in Germany. Due to a missing legal framework, lease contracts...
Persistent link: https://www.econbiz.de/10011843087
Regulatory failures, which came to the fore after the financial crisis of 2007-2009, lead to the question of why some activities by financial institutions were not regulated prior to the crisis of 2007, even though regulators knew about certain dangers to financial stability? The repo-market,...
Persistent link: https://www.econbiz.de/10010475288
, and other liabilities, to make various types of loans and investments. And for almost as long, bank regulatory authorities … deposits have been incorrectly identified as a cause of bank failure when in fact they have proven to be a safe and valuable …
Persistent link: https://www.econbiz.de/10012852214