in existing regulatory frameworks, develop bespoke regulation, or adopt test and learn policies through institutional … regulation and supervision and has advantages and disadvantages. While it can help authorities monitor and respond to the … poorly or with an unclear use case. Ultimately, the aim for authorities should be to consider fintech regulation part of the …

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 …