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In November 2021, the President’s Working Group on Financial Markets (PWG) issued a report analyzing the rapid expansion and growing risks of the stablecoin market. PWG’s report determined that stablecoins pose a wide range of potential hazards, including the risks of inflicting large losses...
Persistent link: https://www.econbiz.de/10013309420
Persistent link: https://www.econbiz.de/10013159841
According to Israeli law, the bank owes a fiduciary duty to its customers. However, recently, the Israeli courts have … protecting the bank's customer. Nevertheless, due caution must be taken against a sweeping expansion of the duty. Determining the … degree and nature of the fiduciary duty is a powerful process, which not only influences the relationship between the bank …
Persistent link: https://www.econbiz.de/10013055159
We investigate the impact of bank disclosure regulations on local business activities by exploiting the 2005 Community … driven by the bank credit channel. Together, our findings suggest that the disclosure elimination causes negative …
Persistent link: https://www.econbiz.de/10013295794
The present study contains a further update of the comprehensive overview of the evolution of European (EU) banking law under the influence of public international banking law. It is structured in two Chapters. Chapter I, entitled “Public International Financial Law (Regulation)” contains...
Persistent link: https://www.econbiz.de/10012892820
The aim of this paper is to briefly present and assess the institutional framework governing the (and some main legal aspects related to the) European Banking Union (EBU), as in force, and the proposals made or suggested in order to enhance it. The paper is structured in three (3) Sections: (1)...
Persistent link: https://www.econbiz.de/10012931350
This essay tries to- show the main possibilities of placing Banking Law in the entire law system,- give a new point of view in preparing a universal theory of this law area, and finally- make a proposal for a new and interesting solution: Law of Financial Industries
Persistent link: https://www.econbiz.de/10012916582
The Norwegian experiences of the past thirty years illustrate what we believe are two general tendencies in bank … regulation. The first one is that a bank crisis will tend to focus regulators' minds and lead to stricter regulations. The second …
Persistent link: https://www.econbiz.de/10013104098
The paper explores incentives created by the German Bank Restructuring Act for investors holding assets in systemically … to forego risks by curbing promises of systemic support. Adverse consequences result from the fact that the Bank …
Persistent link: https://www.econbiz.de/10009788241
The success of banking regulations depends on their effective and efficient enforcement. Therefore, the penalties or sanctions for failures to comply with prudential regulatory requirements shall clearly be specified in the law. Turkish Banking Act comprises many of the contemporary prudential...
Persistent link: https://www.econbiz.de/10013085916