The Basel III Leverage Ratio, as originally agreed upon in December 2010, has recently undergone revisions and updates – both in relation to those proposed by the Basel Committee on Banking Supervision – as well as proposals introduced in the United States. Whilst recent proposals have been...

As well as consolidating on the existing literature on fair value accounting, by way of reference to jurisdictional analyses which include a focus on China, Japan, Brazil, and South Africa, this paper not only highlights why there is need for a re-think of the use of fair values as the primary...

Following the collapse of Enron, a lot of comparisons were drawn between the principles based approach which existed in jurisdictions such as the UK, and the US rules based approach. A major problem regarding Enron was related to off balance sheet debt which resulted largely as a result of the...

Whilst economic, political linkages and relationships constitute the theme of this paper, the paper also attempts to address why central bank independence still lacks certain vital attributes which embody adequate governance and accountability mechanisms -- which are necessary if better results...

The predecessor paper to this publication, “Volcker/Vickers Hybrid”: The Liikanen Report and Justifications For Ring Fencing and Separate Legal Entities, considered the merits, objectives and cost-benefit attributes of respective models associated with the Vickers Report, Liikanen Report and...

Do jurisdictions with concentrated ownership structures require less reliance on audits as corporate governance mechanisms and devices? Why do concentrated ownership structures still prevail in certain jurisdictions which are considered to be “market based corporate governance systems”? More...

Whilst the benefits and potentials of the dual roles assumed by external auditors are emphasized, as well as the need to ensure that safeguards operating to guard against a compromise of objectivity and independence are in place, this paper also highlights the fact that even though such dual...

This paper not only addresses how linkages, direct and facilitating linkages, can benefit microfinance institutions – particularly in jurisdictions where the Savings Group Outreach involvement is particularly low – but also illustrates ways and means whereby group lending and other more...

La version française de cet article peut être consultée à: "http://ssrn.com/abstract=2264238" http://ssrn.com/abstract=2264238Die deutsche Version dieses Artikels finden Sie unter: "http://ssrn.com/abstract=2263892" http://ssrn.com/abstract=2263892La versione italiana di questo documento è...

A sufficient and appropriate degree of central bank independence is widely acknowledged to be necessary for the goal of achieving price stability. However, despite the levels of independence claimed to be enjoyed by several central banks, recent events indicate shifts in focus of monetary policy...