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 …

efficient. Implications for welfare and regulation therefore depend highly on the nature of the shocks and the competitiveness …

changes to banking activities. We find rather than regulation inducing changes to the rate at which unchanged risk exposure is … capital is largely unchanged. A consequence of regulation may be to encourage the migration of riskier activities to …

1. Introduction -- 2. Foundations of financial regulation -- 3. The information problem and regulatory failure -- 4. An …. Conceptualizing a regulatory response to fintech -- 10. Analysing the current menu of fintech regulation. … and practitioners interested in financial technology and regulation. Christopher Ruof is a former Research Associate at …