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 …

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 …

We estimate the cost of capital for the banking industry and find that while the cost of capital soared for banks in …

Despite a heated debate on the perceived increasing complexity of financial regulation, there is no available measure … measures from the computer science literature by treating regulation like an algorithm - a fixed set of rules that determine … regulation of a bank in a theoretical model, to an algorithm computing capital requirements based on Basel I, and to actual …

On 3 December EY hosted a SUERF conference on banking reform with Sir Howard Davies, the Chairman of RBS, and Dame … Colette Bowe, the Chairman of the Banking Standards Board, as the two keynote speakers. Professor David Miles (Imperial … College) gave the SUERF 2015 Annual Lecture on Capital and Banks. The conference focused on core aspects of banking reform …

generates bank equity and credit supply volatility. Then, a DSGE model with key financial frictions and a banking sector is … capital regulation, (iii) they mainly operate through their cyclical component, ensuring that long-run dividend payouts remain …

Current theories of financial regulation suggest expanding rules-based formal state intervention to promote … international banking stability. Such policy solutions should then be global in scope. This article instead argues that principles …-based informal co- and self-regulation through domestic (gentlemen's) agreements underpinned West German bank internationalisation …

makes banking inefficient. Better capitalized banks suffer fewer distortions in lending decisions and would perform better … challenges are addressed, capital regulation can be a powerful tool for enhancing the role of banks in the economy. …

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 … models for financial regulation is problematic. Finally, some suggestions of how the problems could be addressed are given. …