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rethinking of regulatory approaches. But the regulation of payment services defies this narrative. Its technology and business … payments ecosystem sort into technology and business-model neutral categories, each subject to roughly equivalent regulation …, in service of roughly equivalent objectives. That neutrality makes existing payments regulation more durable in the face …
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Congress is changing, comparing the main legislations intended to revise the macroprudential regulation, which were primarily …
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The EU recently established new supranational financial supervision authorities — ESAs — capable of adopting binding supervisory decisions. The upgraded regulatory framework also inaugurated judicial review by a newly established Board of Appeal and the Court of Justice against these...
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. Yet, most of the existing rules in financial regulation are still “atomistic,” in that they fail to incorporate the fact …
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. Yet, most of the existing rules in financial regulation are still “atomistic,” in that they fail to incorporate the fact …
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The existing international financial regulatory architecture is multifarious. Prevalent regulatory forums are numerous, with over-lapping spheres of activity, where all such forums share a lack of consolidated authority. Bodies like the Basel Committee on Banking Supervision (BCBS), Group of 20,...
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regulation by the Fed as standalone entities. Banks, central bankers, and national regulators from around the world have …
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