Showing 1 - 10 of 6,649
This paper introduces a cross-country law and finance analysis of the regulatory impact on the level of capital flows and the sensitivity of capital flows in response to prior performance (that is, the ‘flow-performance' relationship) in the hedge fund industry. The data indicate that...
Persistent link: https://www.econbiz.de/10013157606
This paper presents the direct vs. indirect debate of hedge fund regulation and attempts to find which approach is … concern regarding investors protection have recently brought the attention of the regulators to hedge fund regulation issue …. Hence, regulation of hedge fund is necessary to restrict the transmission of systemic events. Analysing direct and indirect …
Persistent link: https://www.econbiz.de/10012952763
The AIFMD provides a harmonized European framework for regulating alternative investment funds. Prior to discussing its details, this chapter introduces to the AIFMD, discussing the developments that led to its adoption (Part 1), the AIFMD's principal objectives (Part 2) and its key tools for...
Persistent link: https://www.econbiz.de/10013089416
-sectional study. We also find a sizable regulation-induced tracking error …
Persistent link: https://www.econbiz.de/10013092080
In this paper we propose an integrated approach to assessing risk for alternative investment funds, both at micro and macro (market) level. Building upon the experience and practice in European Supervisory Agencies and different National Competent Authorities on assessing risk for other type of...
Persistent link: https://www.econbiz.de/10011964946
This joint ECB-DNB Occasional Paper aims to inform the ongoing discussions about an EU-level framework for operationalising macroprudential leverage limits for alternative investment funds (AIFs). It builds on, and extends, the analysis of an ECB-DNB special feature article published in the...
Persistent link: https://www.econbiz.de/10011754910
This paper examines the impact of cybercrime and hacking events on equity market volatility across publicly traded corporations. The volatility influence of these cybercrime events is shown to be dependent on the number of clients exposed across all sectors and the type of the cyber security...
Persistent link: https://www.econbiz.de/10012964812
The European Commission's Proposal for a Regulation on European Crowdfunding Service Providers (ECSPs) for businesses … December 2019 but the Regulation is still waiting for its formal adoption. The present paper, after briefly describing … crowdfunding main features, will critically and analytically analyze the main aspects of the proposed ECSPs Regulation, with …
Persistent link: https://www.econbiz.de/10012834863
's proposal for a Regulation of the European Parliament and the Council, whose objective is to lay down a general framework for … proposed Regulation (Sub-section 2).(2) Section B addresses the proposed Regulation's subject matter and scope, as well as the …) Section C analyses Articles 4-8 of the proposed Regulation concerning:• the eligibility and composition of the underlying …
Persistent link: https://www.econbiz.de/10012911693
The European Commission's Proposal for a Regulation on European Crowdfunding Service Providers (ECSPs) for businesses … eventually reached an agreement in December 2019 and the Regulation is finally close to its formal adoption. The present paper … Regulation, with respect to the approved text and to the pre-existing versions, evaluating the available alternatives, their pros …
Persistent link: https://www.econbiz.de/10012826353