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In this paper, we discuss whether and how bank lobbying can lead to regulatory capture and have real consequences through an overview of the motivations behind bank lobbying and of recent empirical evidence on the subject. Overall, the findings are consistent with regulatory capture, which...
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It has taken two crises - the Asian financial crisis of 1997-1998 and the global financial crisis of 2007-2009 - for the international community to seriously focus on the reform of the international financial architecture for crisis prevention, management and resolution. Facing the global...
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regulation can be conceptualized as governing distinctive and non-overlapping spheres: Fiduciary duties police private activity … financial regulation. In many regulatory contexts, fiduciary duties arise as a complement to, or sometimes substitute for, other … mechanisms of financial regulation. Moreover, the interactions between fiduciary duties and systems of financial regulation …
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