Showing 1 - 10 of 7,967
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 …
Persistent link: https://www.econbiz.de/10011879119
addressed by an approach to financial regulation that imports its functional foundations more vigorously into the interpretation … and implementation of existing rules. It shows that the general policy goals of prudential banking regulation remain …
Persistent link: https://www.econbiz.de/10010411253
addressed by an approach to financial regulation that imports its functional foundations more vigorously into the interpretation … and implementation of existing rules. It shows that the general policy goals of prudential banking regulation remain …
Persistent link: https://www.econbiz.de/10010415904
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 …
Persistent link: https://www.econbiz.de/10010372581
A repurchase agreement (repo) is the sale of financial assets coupled with a promise to repurchase the same assets at a later date. With similar economic characteristics to secured loans and bank deposits, the repo market is one of the main sources of liquidity for the financial system. Having...
Persistent link: https://www.econbiz.de/10012935843
shows that one major determinant of the financial crisis was the failure of regulation to address the evolution of financial … and/or irrationality of financial intermediaries, this analysis suggests that regulation has not been insufficient. On the … contrary, regulation has been so overly demanding towards traditional banking to promote unregulated forms of financial …
Persistent link: https://www.econbiz.de/10013095122
The 2007-08 Global Financial Crisis is a watershed phenomenon that reshaped global capitalism. Stemming from the argument that the Crisis was caused by deregulation, this article assesses to what extent the financial industry influenced the legislative process underlying these reforms. The...
Persistent link: https://www.econbiz.de/10014370438
The working hypothesis of international financial regulation is that it should be globally harmonized. This paper … of systemic risk measurement and regulation. The thesis is informed by what I consider two key lessons from the recent … global financial crisis. The first lesson is that, when business strategies that internationally-harmonized regulation …
Persistent link: https://www.econbiz.de/10012896449