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regulation may interfere with the central bank's influence on short-term money market rates. This paper tries to fill the gap in … crisis, recent advances in global liquidity regulation try to curb the excessive reliance on short-term wholesale funding … understanding the interaction between the money market, the central bank, and the regulator. Importantly, it shows that the …
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This paper explains the nature of interest rates in the U.S. federal funds market after the 2007-09 financial crisis. We build a model of the over-the-counter lending market that incorporates new aspects of the financial system: abundance of liquidity, different regulatory standards for banks,...
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-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 …
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Bank Model Law within the overall frame of regional financial integration and enhanced risk regulation in the financial … industry. The SADC Committee of Central Bank Governors (CCBG) in 2009 adopted a Central Bank Model Law whose Chapter VI … describes the Model Law's specific tools for conjuring that risk. The significance of risk regulation is underscored by recent …
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