new Basel III Accord to counter excessive bank risk-taking behavior. However, prior theoretical as well as empirical … literature that studies the impact of risk-based capital requirements on bank risk-taking behavior is inconclusive. The primary … purpose of this paper is to examine the impact of risk-based capital requirements on bank risk-taking behavior, using a panel …

In light of previous literature that has investigated the effects of MiFID and MiFID II regulation on stock market … liquidity, we investigate whether the introduction of MiFID II in Romania has had any effect on the stock market liquidity …. Through our empirical analysis, we were able to estimate a meaningful reduction of liquidity in the Romanian stock market …