pt. I. Knowledges of credit risk and bank regulation -- pt. II. Critical perspectives on financial innovation -- pt. III. New approaches to banking, risk and central bank role in the Eurozone -- pt. IV. Regulation of misconduct in banking -- pt. V. Limits of post-crisis bank regulation -- pt....

The economic and financial crisis of the year 2008 highlighted the need for banking sector regulation via the creation of the banking union. The Bank Recovery and Resolution Directive (BRRD) represents an important milestone in the formation of the banking union. It is supposed inter alia to...

Effective market discipline incentivizes financial institutions to limit their risk-taking behavior, making it a key element for financial regulation. However, without adequate incentives to monitor and control the risk-taking behavior of financial institutions market discipline erodes. As a...