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The new European Union (EU) data protection law - General Data Protection Regulation (GDPR) that is enforceable on all … individuals should follow due procedures in regard to safe data handling and storage. This regulation is forcing all countries …
Persistent link: https://www.econbiz.de/10012838926
1. Introduction -- 2. Foundations of financial regulation -- 3. The information problem and regulatory failure -- 4. An …. Conceptualizing a regulatory response to fintech -- 10. Analysing the current menu of fintech regulation. … and practitioners interested in financial technology and regulation. Christopher Ruof is a former Research Associate at …
Persistent link: https://www.econbiz.de/10014337018
Persistent link: https://www.econbiz.de/10012550374
I study rollover risk in the wholesale funding market when intermediaries can hold liquidity ex ante and are subject to fire sales ex post. Precautionary liquidity restores multiple equilibria in a global rollover game. An intermediate liquidity level supports both the usual run equilibrium and...
Persistent link: https://www.econbiz.de/10010360348
Persistent link: https://www.econbiz.de/10012947392
In this paper, we discuss whether and how bank lobbying can lead to regulatory capture and have real consequences through an overview of the motivations behind bank lobbying and of recent empirical evidence on the subject. Overall, the findings are consistent with regulatory capture, which...
Persistent link: https://www.econbiz.de/10012103556
Persistent link: https://www.econbiz.de/10000627255
In this paper, we investigate how the introduction of complex, model-based capital regulation affected credit risk of … financial institutions. Model-based regulation was meant to enhance the stability of the financial sector by making capital … introduce the model-based approach. Counter to the stated objectives, the introduction of complex regulation adversely affected …
Persistent link: https://www.econbiz.de/10010403970
Persistent link: https://www.econbiz.de/10010500989
In this paper, we investigate how the introduction of complex, model-based capital regulation affected credit risk of … financial institutions. Model-based regulation was meant to enhance the stability of the financial sector by making capital … introduce the model-based approach. Counter to the stated objectives, the introduction of complex regulation adversely affected …
Persistent link: https://www.econbiz.de/10010436805