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-based informal co- and self-regulation through domestic (gentlemen's) agreements underpinned West German bank internationalisation …Current theories of financial regulation suggest expanding rules-based formal state intervention to promote … regulation, drawing on unused primary sources: Coalitions between the German regulating and regulated actors were bolstered by a …
Persistent link: https://www.econbiz.de/10014436557
Purpose - The need for robust governance standards in financial institutions requires no overemphasis. However, instances of governance failures have been a recurring global phenomenon. This paper examines the key elements of governance in financial institutions, evaluates reasons for failures...
Persistent link: https://www.econbiz.de/10014449757
premature to conclude that 'Too Big to Fail" has been solved, but macro-prudential regulation is now much more effective and …
Persistent link: https://www.econbiz.de/10012022346
The standard macroprudential models focus on externalities and treat all prudential instruments as alternative, but equivalent, forms of Pigouvian taxes. This paper explicitly models individual banks’ risk choices and shows that different prudential instruments affect banks’ risk-taking...
Persistent link: https://www.econbiz.de/10012545577
2007, and especially in the euro area after 2010. That crisis triggered major changes to European financial regulation and …
Persistent link: https://www.econbiz.de/10011613840
. However, central bank's independence and economic independence have a statistically significant effect on financial stability …, whereas central bank accountability, supervisory independence and accountability, political central bank independence as well …
Persistent link: https://www.econbiz.de/10012806000
We propose a spatial competition model to study banks’ strategic responses to the asymmetric Spanish geographic deregulation process. We find that once the geographic deregulation process finishes, inter-regional mergers between savings banks are optimal whenever the economies of scale...
Persistent link: https://www.econbiz.de/10009355559
in the banking sectors of various countries. After the 2007-2009 crisis, bank capital requirements have, in some cases … guidelines has contributed to regulatory complexity, even when omitting other bank capital regulations that are specific to the … US, and (3) how the US regulatory measures still do not provide equally valuable information about whether a bank is …
Persistent link: https://www.econbiz.de/10011960612
Persistent link: https://www.econbiz.de/10003368687
This study investigates the relationship between prudential regulation and banking risk in the West African Economic … regulations, activity restrictions, and supervisory authorities reduce the risk of bank insolvency. The results suggest that a …
Persistent link: https://www.econbiz.de/10014502813