, the European Union has engaged in an ambitious overhaul of banking regulation. One of its centerpieces, the 2013 Fourth … banks. We focus on the provisions that are aimed at reshaping bank boards' composition, functioning, and their members …' liabilities, and argue that they are unlikely to improve bank boards' effectiveness or prevent excessive risk-taking. We criticize …

This is a chapter for a forthcoming volume Oxford Handbook of Financial Regulation (Oxford University Press 2014) (eds …. Eilís Ferran, Niamh Moloney, and Jennifer Payne). It provides an overview of EU financial regulation from the first banking … the accommodation of cross-border capital flows and their regulation necessarily require an orchestration of the …

of bank crisis management. Bail-in enables a country’s banking authorities to force a failing bank’s immediate … banking authorities of the Member States can apply for the resolution of failing banks in accordance to the Bank Recovery and … Mechanism was necessary. This took the form of Article 27 of the Single Resolution Mechanism Regulation (SRMR). Article 27 is …

Bank of Scotland with those at non-ailing banks in the UK; the other compares remuneration policies at UBS and Credit … becoming a new area for regulation and supervision post-crisis.• The conclusion reached is that the crisis generated a race to …

range of real sectors is limited. Our results imply that regulators and supervisors should address international bank … dependencies arising from common risk factors, while recessions in real sectors due to bank defaults should be a secondary concern. …

-specific variables. Data on regulation, supervision and monitoring variables, and activity restrictions are from the most recent Bank … Regulation and Supervision Survey database conducted by the World Bank, published 2012. Besides these we incorporate bank size … banks from 21 European Union countries for the post-crisis year 2010, controlling for bank-specific and country …

Reforms of financial regulation after the crisis of 2007-2009 raise the question of what is the relation between … financial regulators and competition authorities. Should competition authorities play a role in financial regulation? Should …-specific regulation involves authorities actually prescribing desired modes of behavior. The ongoing nature of relations makes regulators …

Minimum capital requirement regulation forces banks to refund a substantial amount of their investments with equity … higher loan interest rates, then borrowers are likely to become more risky, which may destabilize the lending bank. This … paper argues that, in addition to the buffer and cost effect of capital regulation, there is a strategic effect. A binding …