This report succinctly compares, with tables and diagrams, the systemic risk regulatory regimes that have been put in place since 2008 in the US, the UK, the EU and Canada. It describes systemic risk as a problem of a different order from the kinds of investor protection and efficient market...

Financial markets play a significant role in channeling funds from surplus spending units (fund givers) to deficit spending units (fund takers). Whether financial intermediation is carried out by banks or capital markets, market failures are ubiquitous and call for financial regulation. This...

Subsequent to the 2008 global crisis, Basel III has proposed some major changes to the Basel II banking regulations, such as increases in Tier 1 capital, mandatory and discretionary capital buffers, and new liquidity ratios. In this paper we provide a comparative study of the Islamic versus...