Showing 61 - 70 of 316,234
holders rather than to taxpayers, the central bank should be given a limited LOLR role to shore up the resolved firm's funding …
Persistent link: https://www.econbiz.de/10012829689
liquidity provision and the roles of the public budget and the central bank. The comparison also reveals that the role of fiscal …
Persistent link: https://www.econbiz.de/10012319162
We show that a liquidity shock can affect the solvency of a bank and cause its default if the bank does not hold enough … individual bank. These shock scenarios are materialized by different net demands for withdrawal of funds (NDWF) - which are not … necessarily justified by the solvency situation of the bank before the initial shock - and may lead the bank to sell illiquid …
Persistent link: https://www.econbiz.de/10014350497
What are cryptocurrencies: securities, commodities, or something else? Maybe they are a new form of established currency ― a non-sovereign fiat currency. Like other self-governing bodies, the communities that issue cryptocurrencies should be judged on how well they support their currencies....
Persistent link: https://www.econbiz.de/10014109171
UK banks who want to maintain an access to the EU market after BREXIT are currently assessing their options. The prospect of a free trade agreement with the EU remaining uncertain, they cannot rely on such an agreement before taken a decision. The present paper sketches the three main options...
Persistent link: https://www.econbiz.de/10012954645
The harmonization of criminal law and procedure is still in its infancy within European Union law and so the relationship between the commercial framework of intellectual property and the criminal enforcement of its standards remains an unsettled and unsettling adolescence. The Proposal for a...
Persistent link: https://www.econbiz.de/10014181535
Significant numbers of multinational corporations ("MNCs") from the European Union ("EU") operate in the African, Caribbean and Pacific ("ACP") countries. The ACP countries are attractive operational bases because of the enormous availability of raw materials, low cost of labour, and favourable...
Persistent link: https://www.econbiz.de/10014202843
, personal, in some cases even criminal law liability should be the optimal sanction …
Persistent link: https://www.econbiz.de/10013028979
Prior to the application of the EU General Data Protection Regulation (GDPR), one of the results of the relatively-low-level of legislatively permitted data protection violation administrative fines was, arguably, a lack of compliance by U.S. Tech Giants, among others. At least on paper, this...
Persistent link: https://www.econbiz.de/10012822853
Using law and policy as a sustainable competitive advantage source is a recent research stream. This paper illustrates how legal and policy research contributes to firms' strategy in the regulated gambling industry, defined by legislation and jurisprudence. The gambling sector has been a...
Persistent link: https://www.econbiz.de/10013113130