Showing 91 - 100 of 93,679
This paper uses three alternating changes in hedge fund regulation to study whether regulation reduces hedge funds …' misreporting, and, if so, why regulation is effective. Relative to public companies, hedge fund regulation is relatively light …, providing that they disclose their lack of compliance. The results show that regulation reduces misreporting at hedge funds …
Persistent link: https://www.econbiz.de/10012861837
The global financial crisis has further highlighted the importance of bank capital regulation for the stability of the … banking system. This article aims to reconcile the views of the academics and regulators about bank capital regulation …. Lightweight and procyclical bank capital regulation with ample possibilities for regulatory arbitrage has contributed to the pre …
Persistent link: https://www.econbiz.de/10013050794
about the current status of banking regulation and supervision. Our unique starting point for answering that question comes … from the fact that 20 years ago we developed the first detailed, multi-country database on banking regulation and … from the most recent (2011-2012) World Bank survey on banking supervision and regulation. Key observations emerging from …
Persistent link: https://www.econbiz.de/10013052430
, the European Union has engaged in an ambitious overhaul of banking regulation. One of its centerpieces, the 2013 Fourth …
Persistent link: https://www.econbiz.de/10013056692
The history of regulation in America is as old as the republic itself. Since colonial times, Americans have struggled … regulation to eras of greater permissiveness has enormous implications for economic growth. This paper examines the development … of regulation in the US from the 19th century up to the passage of the Dodd-Frank Wall Street Reform and Consumer …
Persistent link: https://www.econbiz.de/10013058333
In the wake of the 2008 financial crisis, Robert Engle and colleagues at New York University developed the NYU Stern Systematic Risk Model (SRISK), a market-based substitute for regulatory measures of systemic risk of financial institutions. This study identifies four shortcomings of SRISK....
Persistent link: https://www.econbiz.de/10013021564
With transformative evolution involving crypto-assets, machine learning applications and data-driven finance models, complex regulatory and policy issues are emerging. Inadequate frameworks in FinTech markets create regulatory friction and regulatory fragmentation. These limitations continue to...
Persistent link: https://www.econbiz.de/10012642449
be regulated. Currently regulators are pursuing a "Red Queen" approach to regulation and running ever faster to stay in … the same place. Complexity can only be controlled with matching complexity, which is why current models of regulation for …
Persistent link: https://www.econbiz.de/10013221386
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/10013250099
/methodology/approach – Kane's regulatory dialectic suggests that regulation of financial institutions is a series of cyclical interactions between …
Persistent link: https://www.econbiz.de/10013032142