then proceeds by detailing how an ill-designed policy framework, relying on supposed market approaches to regulation … – including self-regulation and credit rating agencies – enabled TBTF financial institutions to game the system and thereby …

This paper analyses the challenges for financial regulation posed by new financial technologies. It provides a … decentralised finance without intermediaries. Four possible responses are identified: enhancing or adapting existing regulation …, developing new regulation, reducing barriers to entry and exit and monitoring and regulating the ‘permissionless …

regulation, recovery and resolution, and risk culture. …

We evaluate the impact of mortgage regulation on credit volumes, household balance sheets and the reaction to adverse … illustrate this further by documenting that households affected by the regulation are more likely to sell their home when …

TBTF phenomenon. Mistrust towards large financial firms led to socially non-optimal regulation, favouring a fragmented and …

has partial control over bank regulation it can exercise regulatory lenience. Two, the Fed's stronger output orientation … procyclical capital regulation. - Monetary policy ; capital regulation ; crisis …

This paper examines capital adequacy regulation in Germany. After a short overview about financial regulation in … Germany in general, the paper focuses on the most important development in the area of capital adequacy regulation from the … models for financial regulation is problematic. Finally, some suggestions of how the problems could be addressed are given. …

-based legislation - and the frequent principles-based regulation underpinned by such legislation - represents a stark departure from … regulation in Hong Kong - in the form of a Twin Peaks regulatory structure. A focus on the objectives of achieving financial …

regulation. In part, this is due to their neglect of important regulatory choices, which policy-makers are therefore left to take …