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The first years of the new century are characterised by a persistent stagnation of the European economy. In contrast to the long-term trend, but similarly to the late sixties or early eighties, the economic gap between Europe and the US widens again, giving rise to heated discussions on both...
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regulation. It will approach these issues through an assessment of explanations put forward to justify the growing importance of … contributed to a change in the way financial regulation is carried out, an illustration of how the financial industry and the … approach to financial regulation have been transformed by the rapid growth of the hedge funds industry, will also constitute …
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The need for continuous monitoring and regulation is particularly attributed to, and justified by, the inevitable … at countering problems of risk regulation. It will approach these issues through an assessment of explanations put … in the way financial regulation is carried out, as well as developments which have contributed to the de formalisation of …
Persistent link: https://www.econbiz.de/10009223349
regulation. It will approach these issues through an assessment of explanations put forward to justify the growing importance of … contributed to a change in the way financial regulation is carried out, an illustration of how the financial industry and the … approach to financial regulation have been transformed by the rapid growth of the hedge funds industry, will also constitute …
Persistent link: https://www.econbiz.de/10008765076
The European Union is completely redesigning the system of prudential supervision of insurance institutions as part of the Solvency Directive II. During its implementation, the Directive, which can be compared to the Basel II prudential standard, was analysed above all in terms of actuarial...
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In this paper, we argue that the joint use of ex-ante regulation and ex-post liability rules is efficient when there … create a risk for the environment. Moreover, we suggest that a joint use of liability and regulation should more frequently …
Persistent link: https://www.econbiz.de/10011633479