respond by adjusting performance pay and other incentives to offset the risk-dampening effect of liability. The resulting …Should bank managers be liable for taking excessive risks? The paper cautions that manager liability has very little … prudential regulation nor the general duty of care provide specific and predictable limits of permissible risk taking. As a …

This handbook examines the latest techniques and strategies that are used to unlock the risk transfer capacity of … contextualises non-traditional risk transfer tools created over the last 20 years. Featuring contributions from distinguished … academics and professionals from around the world, this book covers in detail issues in securitization, financial risk …