Showing 1 - 10 of 3,068
Reforms of financial regulation after the crisis of 2007-2009 raise the question of what is the relation between … financial regulators and competition authorities. Should competition authorities play a role in financial regulation? Should …-specific regulation involves authorities actually prescribing desired modes of behavior. The ongoing nature of relations makes regulators …
Persistent link: https://www.econbiz.de/10011879119
This paper analyzes the monthly evolution of bank competition in Mexico from 2008 to 2019 using different measures. Subsequently, we analyze whether the 2014 financial reform had an effect on some of our competition measures. We use ordinary and quantile regression techniques and Markov...
Persistent link: https://www.econbiz.de/10012584137
The spread of distributed ledger technology (DLT) in finance could help to improve the efficiency and quality of supervision. This paper makes the case for embedded supervision, ie a regulatory framework that provides for compliance in tokenised markets to be automatically monitored by reading...
Persistent link: https://www.econbiz.de/10012861846
We assess the influence of competition and capital regulation on the stability of the banking system. We particularly … ask two questions: i) how does capital regulation affect (endogenous) entry; and ii) how do (exogenous) changes in the … competitive environment affect bank monitoring choices and the effectiveness of capital regulation? Our approach deviates from the …
Persistent link: https://www.econbiz.de/10011348715
stablecoin issuers raises the challenge of how to apply technology-neutral regulation so that similar risks are subject to the …
Persistent link: https://www.econbiz.de/10013405970
This paper studies the effect of banking deregulation on credit risk. Its theoretical model shows that a bank is willing to invest more resources in screening borrowers when there is an entry threat, even though loan rates are driven lower. Thus, deregulation may result in improved loan quality...
Persistent link: https://www.econbiz.de/10012954035
regulation of financial markets continues to be necessary in spite of the changes in the financial structure brought about by … technology, and what sort of approach to regulation is better suited to this new environment, particularly in consumer and …
Persistent link: https://www.econbiz.de/10012930991
Through the interest rate deregulation and banks' off-balance-sheet activities (OBSAs) in Hong Kong, this study investigates the debate over the impact of banking deregulation on banks' risk-taking behaviour. On one hand, the Arrow effect implies that increased competition caused by the interest...
Persistent link: https://www.econbiz.de/10012980376
This paper examines the impact of cybercrime and hacking events on equity market volatility across publicly traded corporations. The volatility influence of these cybercrime events is shown to be dependent on the number of clients exposed across all sectors and the type of the cyber security...
Persistent link: https://www.econbiz.de/10012964812
laboratory free space or by self-regulation. It also shows that idiosyncratic national rules would result in legal fragmentation … would be the most adequate solution for the regulation of global services. It proposes to re-conceptualize the FSB and to …
Persistent link: https://www.econbiz.de/10012866448