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regulation of systemic risk and because effective mechanisms for preventing or resolving such conflicts do not exist.This Article … VIII.In sum, this Article argues that the effective regulation of systemic risk in the over-the-counter derivatives market …
Persistent link: https://www.econbiz.de/10012988838
interventions etc. This paper analyzes the relationship between systemic risk Management and regulation in the context of rules and …
Persistent link: https://www.econbiz.de/10013099924
SUERF – The European Money and Finance Forum, the Deutsche Bundesbank and the Institute for Monetary and Financial Stability (IMFS) took the opportunity of the first anniversary of this new institution to organise a joint conference in Berlin on 8-9 November 2011. The purpose of this event was...
Persistent link: https://www.econbiz.de/10011711529
Persistent link: https://www.econbiz.de/10009710526
regulation. It proceeds by identifying four “interdependence problems” relating to harmonization of financial standards, capital … regulation than are efforts to reduce losses from financial instability, which will likely continue to be ineffective despite … to centrally administer international financial regulation are unlikely to succeed, because they misstate the underlying …
Persistent link: https://www.econbiz.de/10013029921
We examine the short- and long-run effects of financial liberalization on capital markets. To do so, we construct a new comprehensive chronology of financial liberalization in 28 mature and emerging market economies since 1973. We also construct an algorithm to identify booms and busts in stock...
Persistent link: https://www.econbiz.de/10013318025
On September 3-4, 2009, SUERF and Utrecht University School of Economics jointly organized the 28th SUERF Colloquium on "The Quest for Stability" in Utrecht, the Netherlands. The papers contained in this SUERF Study jointly published with DNB and Rabobank are based on contributions to this...
Persistent link: https://www.econbiz.de/10011706512
later conferred on the ECB by the Single Supervisory Mechanism (SSM) Regulation. The paper describes the ECB …
Persistent link: https://www.econbiz.de/10012033308
On September 3-4, 2009, SUERF and Utrecht University School of Economics jointly organized the 28th SUERF Colloquium on "The Quest for Stability" in Utrecht, the Netherlands. The papers contained in this SUERF Study jointly published with DNB and Rabobank are based on contributions to this...
Persistent link: https://www.econbiz.de/10011706504
We identify current challenges for creating stable, yet efficient financial systems using lessons from recent and past crises. Reforms need to start from three tenets: adopting a system-wide perspective explicitly aimed at addressing market failures; understanding and incorporating into...
Persistent link: https://www.econbiz.de/10013055666