This paper studies the specificities of the regulation of shadow banking in the EU. It argues that the idiosyncratic … features of the EU shadow banking sector call for a different (or indigenized) regulatory approach from that of the U.S. It … highlights striking differences between the EU and the U.S. shadow banking sector based on both the market structure and the …

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 role of banking supervision. This focus is reinforced by the fact that …

The author compares the U.S. with other G-10 countries regarding key aspects of permissible banking activities. One … banking supervision …

smoothing and loan loss provisioning. As the revised rules exert greater regulatory pressure on corporate than retail banking … reports reveals greater (less) income smoothing in the corporate banking segments of low-capital (high-capital) banks during … effects for retail banking. Although we document an initially negative market reaction to the regulatory announcements, that …

internal supervision is necessary even though supervisors and managers could collude. Meanwhile, it is inefficient for banking …