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We developed a conceptual framework to explain why young financial technology companies (fintechs) seek to cooperate with incumbents from the finance sector. Examining 14 case studies on fintech-bank cooperation, we identified three main reasons: first, banks enable a fintech's market entry;...
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This policy letter provides evidence for the crucial importance of the initial regulatory treatment for the further development of financial innovations by exploring the emergence and initial legal framing of off-balance-sheet leasing in Germany. Due to a missing legal framework, lease contracts...
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This paper examines capital adequacy regulation in Germany. The first part reviews capital adequacy regulation from the …
Persistent link: https://www.econbiz.de/10013015169
In May 2002, Germany's new single supervisory authority for financial services became operational. The paper examines the impact of this reform on existing deposit insurance schemes within the country. Focusing on the private banks' deposit insurance fund, which had played an important role as a...
Persistent link: https://www.econbiz.de/10013051050
Academy of Comparative Law 2018 and gives an overview of the regulation of crowdfunding in Germany and the typical design of … the relevant rules in prudential banking regulation and capital market law. It highlights disclosure requirements that … flow from both contractual obligations of the initiators of campaigns vis-à-vis contributors and securities regulation …
Persistent link: https://www.econbiz.de/10011793078
This article examines the spread of financialization in Germany before the financial crisis. It provides an up-to date overview on the literature on financialization and reviews which of the phenomena typically associated with financialization have emerged in Germany. In particular, the article...
Persistent link: https://www.econbiz.de/10012060679