Although Basel II fortified the first two pillars with market transparency enhancing Pillar III disclosures and encouraged the usage of major Credit Rating Agencies (CRAs) such as Moody’s, Standard and Poor's, and Fitch as quasi governmental authorities to overcome asymmetric informational...

This paper investigates regulations for a bank that is covered by deposit insurance in a dynamic setting where bankruptcy entails social costs. Regulatory policy operates through rules governing the bank's capital structure and asset allocation that may be adjusted each period. Throughout, the...

Research in banking less focuses on bank obedience. The issue of bank obedience describe the roles of central bank in maintain the banks health through rules and regulation such as Basel II, and CAMEL. This research investigates the obedience of bank on CAMEL and the effect of their obedience on...

One of the most prominent European bank failures in the global financial crisis was the collapse of the Icelandic bank Landsbanki, where foreign depositors were left without coverage by the Icelandic deposit guarantee scheme. The present note discusses a recent judgment by the Court of the...

This note discusses some issues in bank closure policy from a financial stability standpoint and how these issues have evolved since we first raised the question of how a reputation-driven divergence of interests between bank regulators and taxpayers may distort bank closure policy in our 1993...

On 16th November 2009, SUERF, CEPS and the Belgian Financial Forum coorganized a conference "Crisis management at cross-roads" in Brussels. All papers in the present volume are based on contributions at the conference and the SUERF Annual Lecture which followed the event.

The two contributions in this legal working paper discuss the various aspects of composite administrative procedures in the context of both Single Supervisory Mechanism (SSM) and Single Resolution Mechanism (SRM) decision-making procedures. It addresses the definition of such procedures, their...

This paper is a review article on banking regulation in Nigeria. With regards to banking regulation in Nigeria, eight periods are discernible namely laissez faire banking era, ‘new' banking regulation era, indigenization era, market deregulation era, guided deregulation era, universal banking...

Many countries around the world have experienced banking crises in the past two decades, and all countries are witnessing substantial changes in the structure and nature of banking. These developments have led national and multilateral policymakers to focus increased attention on the crucial...

The author compares the U.S. with other G-10 countries regarding key aspects of permissible banking activities. One conclusion is that banks in the U.S. face greater restrictions, and possibly more intensive supervisory oversight, than do banks in most other G-10 countries. Second, the majority...