Showing 1 - 10 of 2,593
I study central supervision of local financial regulators in an economic union. Regulators each privately observe benefits from lenient local macroprudential policies. Separate deposit insurance funds allow no discretion to set policies because, with integrated financial markets, regulators...
Persistent link: https://www.econbiz.de/10012899109
Academy of Comparative Law 2018 and gives an overview of the regulation of crowdfunding in Germany and the typical design of … the relevant rules in prudential banking regulation and capital market law. It highlights disclosure requirements that … flow from both contractual obligations of the initiators of campaigns vis-à-vis contributors and securities regulation …
Persistent link: https://www.econbiz.de/10011793078
regulation and contract law in the current European policy discourse and legal scholarship. In the context of EU law-making, this … financial regulation in the prudential and conduct of business domains depends on a broader legal framework that often reaches … between financial regulation and contract law in the EU policy discourse, this chapter has suggested to better integrate the …
Persistent link: https://www.econbiz.de/10012843754
Our paper evaluates recent regulatory proposals mandating the deferral of bonus payments and claw-back clauses in the financial sector. We study a broadly applicable principal agent setting, in which the agent exerts effort for an immediately observable task (acquisition) and a task for which...
Persistent link: https://www.econbiz.de/10010518015
Many regulators have concluded that cost-benefit analysis is the best available method for capturing the welfare effects of regulations. It is therefore understandable that in recent years, some people have been interested in requiring financial regulators to engage in careful cost-benefit...
Persistent link: https://www.econbiz.de/10013054943
government borrowing. Against this vision, the present paper contends that the adverse impact of financial regulation and state … entire financial system with liquidity in the 18th century. -- Bubble Act ; Bank of England ; Financial Regulation …
Persistent link: https://www.econbiz.de/10009719132
As a result of the current financial crisis, there have been many calls for strict new regulation of over …
Persistent link: https://www.econbiz.de/10013155776
FinTech holds great potential for both financial inclusion and economic development in a wider sense. Digital financial … key priority areas necessary for regulatory and policy development in Uganda to address the challenge of facilitating … responsible development of inclusive digital finance. It draws upon insights, experiences, and best practices with respect to the …
Persistent link: https://www.econbiz.de/10012831902
The present analysis sheds light on the setting up a regional rating agency in Asia in the wake of recent financial crisis. We investigate the policy facing a financial regulator while evaluating whether or not to admit new entrants into the credit rating market. In an incomplete contracting...
Persistent link: https://www.econbiz.de/10008732353
We study the efficiency of banking regulation under financial integration. Banks freely choose the jurisdiction where …
Persistent link: https://www.econbiz.de/10011458020