The 2008 financial crisis exposed a longstanding problem in financial regulation: traditional regulatory strategies … tend to be procyclical. That is, regulatory tools—most notably, bank capital requirements—incentivize excessive credit … regulation was a key driver of the housing bubble in the mid-2000s and the massive credit crunch that followed. To combat this …

This paper examines capital adequacy regulation in Germany. The first part reviews capital adequacy regulation from the …

This chapter provides a basic overview of banking and financial regulation for the forthcoming Oxford Handbook of Law … regulation, differentiating “microprudential” regulation (which focuses on protecting individual components of the financial … system, such as banks) and “macroprudential” regulation (which focuses on protecting against systemic risk). The chapter also …