Current theories of financial regulation suggest expanding rules-based formal state intervention to promote international banking stability. Such policy solutions should then be global in scope. This article instead argues that principles-based informal co- and self-regulation through domestic...

In general, banks play a growth-enhancing role for the real economy. However, distorted incentives for banks, depositors, and regulators in connection with bank insolvency may corrupt banks' credit allocation and monitoring decisions, leading to suboptimal real economic outcomes. A rules-based...

Regulating Capital -- Contents -- Preface -- 1. Introduction: Financial Regulators and International Relations -- 2. Capital Regulation: A Brief Primer -- 3. Regulators, Legislatures, and Domestic Balancing -- 4. Banking: The Road to the Basel Accord -- 5. Securities: Financial Instability and...

This book examines the effect of banking on the real economy and society, focusing on banking supervision as the decisive factor in steering banking activities and determining the social outcome of the game of finance. Banking is like a cardiovascular system for our society. If it functions...

why banks must be supervised? -- How that all come to be? -- Big Depression – events forcing the regulator’s hand -- Great recession- the ugly daughter of deregulation -- The asymmetry -- How can supervision prevent financial crises? .

1. Introduction -- 2. The Enigma of Mandatory Disclosures -- 3. Mandatory Disclosures as a Principal Agent Paradigm -- 4. Information asymmetry and banking regulations -- 5. Information content and pillar 3 disclosures -- 6. Conclusion.

This handbook provides an overview and analysis of state-of-the-art research in banking written by leading researchers in the field. It strikes a balance between abstract theory, empirical analysis, and practitioner and policy-related material.