The introduction of the Securities Financing Transactions Regulation into EU law provides a unique opportunity to … obtain an in-depth understanding of repo markets. Based on the transaction-level data reported under the regulation, this … reported under the regulation can support the policy work of central banks and supervisory authorities. We demonstrate that …

In this paper we examine the quantitative effects of margin regulation on volatility in asset markets. We consider a … presence of collateral constraints leads to strong excess volatility. Thus, a regulation of margin requirements may have … stabilizing effects. However, in line with the empirical evidence on margin regulation in U.S. stock markets, we show that changes …

securities law. Our work is consistent with the idea of crisis-driven regulation as we show that following the global financial …

In this paper we examine the quantitative effects of margin regulation on volatility in asset markets. We consider a … of collateral constraints leads to strong excess volatility. Thus, a regulation of margin requirements may have … stabilizing effects. However, in line with the empirical evidence on margin regulation in U.S. stock markets, we show that changes …

regulation should be based on principles (where a broad set of standards gesture in the direction of certain desired outcomes) or …-based financial regulation – has recently been proposed by John Walsh as an alternative to rules and principles. This approach refers … regulation is a third paradigm within the principles-rules debate. Rather, I argue that it is the principles-based approach …