Following an introduction to the two types of derivatives instruments (exchange and over-the-counter (quot;OTCquot;)) this article focuses primarily on minimizing risk from OTC derivatives used to hedge variable interest rate risk. The author uses best practices observed in a loan documentation...

This article begins in Part I with a discussion of the present status of Over-the-Counter (OTC) derivatives market. It focuses on the basic structure of a typical derivative transaction between a lender/counterparty and its borrower. This article describes the different basic types of derivative...

This article considers the importance of Congress's and the courts' consideration regarding the role antitying provisions have in light of the battle that exists between commercial banks and investment banks in the underwriting arena. Part I of this article discusses the history of commercial...

This article argues that expressly requiring a borrower to enter into an OTC derivative with a bank as a condition for receiving credit does not violate the antitying restrictions of the Bank Holding Company Act (quot;BHCAquot;). Part I of this article discusses the nature of OTC derivatives and...

This article begins with a discussion of over-the-counter derivative transactions and the over-the-counter derivatives industry in general, focusing in particular on transactions involving interest rate swaps. Part II discusses the practice of rehypothecation and describes why secured parties...

Capital adequacy ratio (CAR) of the Turkish Banking Sector decreased dramatically from 30.9% in 2003 to 17.1% as of 2019 May. This figure shows that although TBS has still relatively high CAR compared to many countries, unfortunately there is a decreasing trend. A downward trend in CAR...

In this paper, I review some selected literature about or related to the monetary neutrality and show that specific aspects of the monetary (non-)neutrality are actually derived from the underlying welfare consideration and thus their validity or desirability depend on the current state and way...

Over the last year it has been unexceptional to watch the consumer coverage of problems related to the natural disasters created by the hurricanes. Outside of the Southern states, the national media and leaders of other consumer organizations spent a very large amount of time warning the...

This article discusses some of the challenges present in embedding Enterprise Risk Management issues like corporate governance, independence of CRO, challenges in implementing three lines of defense model, lack of risk knowledge in the first line of defense, lack of risk qualification in the...

This paper examines the effects of macroeconomic policy and regulatory environment on mobile money usage. Specifically, we develop an autoregressive distributed lag model to investigate the effect of key macroeconomic variables and mobile money tax on mobile money usage in Uganda. Using monthly...