. Securities Lending and Repos -- 5. Central Counterparties and Systemic Risk -- 6. Identifying Non-bank, Non-insurer Global … output around the world, paying attention to the concept of risk in all its dimensions—the legal, financial, market, economic …

This paper studies how capital requirements influence a bank's mode of entry into foreign financial markets. We develop … a model of an internationally operating bank that creates and allocates liquidity across countries and argue that the … internal capital markets, on which a multinational bank relies to allocate liquidity across countries. Capital requirements …

meet the liquidity needs of dysfunctional financial markets. As the eligibility criteria for central bank borrowing have … been tweaked, it is legitimate to ask, 'How elastic should the supply of central bank currency be?' Even when the central … bank has the ability to create abundant official liquidity, there should be some limits to its support for the financial …