Purpose - Debate is growing around the expansion of risk-based regulation. The regulation scholarship provides evidence … of regulatory failure of the risk-based approach in different domains, including financial regulation. Therefore, this … regulation while using enterprise risk management (ERM) as a meta-regulatory toolkit. Design/methodology/approach - Based on …

This paper examines capital adequacy regulation in Germany. After a short overview about financial regulation in … Germany in general, the paper focuses on the most important development in the area of capital adequacy regulation from the … models for financial regulation is problematic. Finally, some suggestions of how the problems could be addressed are given. …