. It is shown that such "regulatory capture" in banking does not imply ineffectual regulation; a "captured" regulator may …

This paper studies whether compliance with the Basel Core Principles for effective banking supervision (BCPs) is …

with prudential regulation inside the central bank tend to have institutional arrangements that give the central bank a … leading role. In larger and more complex economies where prudential regulation is outside the central bank, the financial …

There is much confusion about what shadow banking is. Some equate it with securitization, others with non …-traditional bank activities, and yet others with non-bank lending. Regardless, most think of shadow banking as activities that can … create systemic risk. This paper proposes to describe shadow banking as “all financial activities, except traditional …

system of capital regulation that addresses these needs by making changes to all three pillars of bank regulation: only …

The paper analyzes the quality of financial sector regulation and supervision around the globe. Unlike studies that … collect and analyze data on regulation and supervision "on the books," this study also analyzes available information on …

likelihood of boom-and-bust episodes in credit markets. Particularly, it has been argued that banking regulation might attenuate …