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market regulation, and democratic steering of regulatory agencies, displacing the currently dominant notion of financial … market regulation as a purely technical, expert, ‘insider' discourse. If it is too much of a paradox for policy-makers and …
Persistent link: https://www.econbiz.de/10013150458
Financial regulators and politicians unsuccessfully maintained the safety and soundness of the U.S. financial system not only because they lacked the proper tools but also because they lacked the proper incentives. While filling regulatory gaps and improving supervisory tools are worthwhile...
Persistent link: https://www.econbiz.de/10013155123
The paper focuses on financial regulation at an international level. More specifically, it looks on (a) the inherent … tensions of financial regulation in the first place (b) the added complexity when entering the international sphere and (c …) draws on some specific examples that help bring out several key issues of international financial regulation. Specific …
Persistent link: https://www.econbiz.de/10013157712
will offer a guide to the antitrust community that will cover the U.S. financial sector, financial regulation, and the … debacle and subsequent financial crisis. The tensions that can arise between financial regulation and antitrust will be … market power. Although much progress has been made in removing anticompetitive elements from financial regulation over the …
Persistent link: https://www.econbiz.de/10013158068
paper will offer a guide to the antitrust community that will cover the U.S. financial sector, financial regulation, and the … debacle and subsequent financial crisis. The tensions that can arise between financial regulation and antitrust will be … market power. Although much progress has been made in removing anticompetitive elements from financial regulation over the …
Persistent link: https://www.econbiz.de/10013158557
This paper reviews post-crisis financial regulatory reforms, examines how they fit together and identifies open issues. Specifically, it takes stock of the salient new features of bank and CCP international standards within a unified analytical framework. The key notion in this framework is...
Persistent link: https://www.econbiz.de/10012835929
Persistent link: https://www.econbiz.de/10012910334
This paper examines the question of global coordination among financial regulators through the lens of network effects. It introduces and surveys three unique kinds of network effects which can be created by the adoption of a global financial regulatory standard: (a) network effects in the...
Persistent link: https://www.econbiz.de/10012895788
reduce the effectiveness of regulation itself and can have negative impact on financial stability; in fact, omitting … regulation, posing severe risks to financial stability …
Persistent link: https://www.econbiz.de/10012896529
This paper examines the question of global coordination among financial regulators through the lens of network effects. It introduces and surveys three unique kinds of network effects which can be created by the adoption of a global financial regulatory standard: (a) network effects in the...
Persistent link: https://www.econbiz.de/10012896954