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premature to conclude that 'Too Big to Fail" has been solved, but macro-prudential regulation is now much more effective and …
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This paper develops three arguments for the current academic and political debate on an appropriate regulation of … different approaches of capital market regulation. As we will show, a preventive, effective and proportional regulation consists … blowing. Compared to position limits, such a framework of regula-tion has socially desirable advantages. (3) Finally, we …
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government's "light-touch" regulatory approach. With the incoming tightening regulation foreshadowed by the Interim Measures for … FinTech and online micro-lending subsidiary of Alibaba, will retool for harsher regulation or to witness a forthcoming demise … regulation in China for FinTech-based consumer lending is prioritizing consumer protection over economic success, especially in …
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An important question in banking is how strict supervision affects bank lending and in turn local business activity. Supervisors forcing banks to recognize losses could choke off lending and amplify local economic woes. But stricter supervision could also change how banks assess and manage...
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This study examines the effect of SEC regulations on firm valuations and corporate policies over the past 50 years. I build a time-varying and industry-specific measure of SEC regulatory restrictions, based on the universe of effective SEC rules and machine-learning relevance of the regulations...
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The benefits of top down financial reporting regulation over the past eight decades are less obvious than its failures …
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has developed within both disciplines with respect to regulation – for an analysis of the credit rating industry …
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