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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 1930s up to the financial crisis. Two main trends are...
Persistent link: https://www.econbiz.de/10010256881
On 16th November 2009, SUERF, CEPS and the Belgian Financial Forum coorganized a conference "Crisis management at cross-roads" in Brussels. All papers in the present volume are based on contributions at the conference and the SUERF Annual Lecture which followed the event.
Persistent link: https://www.econbiz.de/10011706117
Under the new Capital Accord, banks choose between two different types of risk management systems, the standard or the internal rating based approach. The paper considers how a bank's preference for a risk management system is affected by the presence of supervision by bank regulators. The model...
Persistent link: https://www.econbiz.de/10011318589
Persistent link: https://www.econbiz.de/10001634130
Banking regulation and supervision have a key role to play in realising the EU’s climate change objectives. In this … article we analyse the EU-level initiatives currently underway to green the banking system, in particular with regard to the … greening EU banking, we also see challenges of an entirely different sort: regulators will unavoidably face political choices …
Persistent link: https://www.econbiz.de/10012795122
Banking supervision and regulation by the Hong Kong Monetary Authority (HKMA) remain strong. This assessment confirms …
Persistent link: https://www.econbiz.de/10012604074
This paper deals with both system-wide and banks' internal stress tests. For system-wide stress tests it describes the evolution over time, compares the stress test design in major jurisdictions, and discusses academic research. System-wide stress tests have gained in importance and nowadays...
Persistent link: https://www.econbiz.de/10012534563
The use of contractual engineering to create channels of credit intermediation outside of the realm of banking … and 2008, this phenomenon, at that time commonly referred to as ‘shadow banking’, evoked a large-scale regulatory backlash … contractual arrangements. Our paper proposes to assign regulatory burdens equivalent to prudential banking regulation, in case …
Persistent link: https://www.econbiz.de/10012105218
Bank internal ratings of corporate clients are intended to quantify the expected likelihood of future borrower defaults. This paper develops a comprehensive framework for evaluating the quality of standard rating systems. We suggest a number of principles that ought to be met by 'good rating...
Persistent link: https://www.econbiz.de/10009767692