Islamic and conventional investment funds have the same purpose. However, unlike conventional funds, Islamic funds offer different investment contracts and have to invest in accordance with a set of selection rules. This dissertation focuses on developing theoretical and empirical analysis...

L'article présente le document publié par le Comité de Bâle, redéfinissant le champ de la fonction "compliance".

The European Union is completely redesigning the system of prudential supervision of insurance institutions as part of the Solvency Directive II. During its implementation, the Directive, which can be compared to the Basel II prudential standard, was analysed above all in terms of actuarial...

This article considers an international sample of venture capital and private equity funds to assess the role of law, corruption, and culture in setting fund manager fees. With better legal conditions, fixed fees are lower, carried interest fees are higher, clawbacks are less likely, and share...

This paper considers an international sample of venture capital and private equity funds to assess the role of law, corruption and culture in setting fund manager fees in terms of their fixed management fees, carried interest performance fees, clawbacks of fees and cash versus share...

The compliance function, today a cornerstone of the control system in place within financial services providers, acts as an «instant legislator» that produces norms when legal or regulatory texts do not match practical contexts faced by market operators. Compliance officers can be described as...

The research aims at studying the compliance of financial practices, the body of rules applicable to financial market participants. It studies the compliance function, a cornerstone of the compliance control system in place within financial services providers. Through this function, we highlight...

This thesis investigates the nature and the objectives of investment prudential regulations in insurance business and its role in asset allocation by insurers. The thesis is divided into the following three parts. Part one explains the importance of insurance sector for savings¤ allocation and...

When historical cost is used, the incomes are smoothed in a way that delays the recognition of the financial institutions lessening solvency, especially in the case of fixed rate loans when market rates are decreasing. We study the case of Credit Lyonnais which had the opportunity to transfer...