We show that banks' risk exposure in one asset category affects how they report regulatory risk weights for another … asset category. Specifically, banks report lower credit risk weights for their loan portfolio when they face higher risk … constraints. Our results suggest the existence of incentive spillovers across different risk categories. We relate this behavior …

crisis ; Basel Accord ; banking regulation ; capital requirements ; modelbased approach ; systemic risk …The paper discusses the reform of capital regulation of banks in the wake of the financial crisis of 2007/2009. Whereas … overhaul, moving away from risk calibration and raising capital requirements very substantially. The argument is based on the …

In 2007 the world faced one of the biggest financial crises ever. It was the third important financial crisis in the … worldwide political institutions to approve a more rigorous regulation on financial institutions and predict financial crises … EU regulation on credit rating agencies and current Basel II enhancements. Finally we can determine that most regulatory …

credit risk transfer instrument and to increase performance, while European originators focus on regulatory capital arbitrage …. -- regulatory arbitrage ; securitization ; subprime crisis ; ABS ; credit risk transfer ; Basel III ; liquidity …

; financial regulation ; global financial crisis ; limited purpose banking ; maturity mismatch ; narrow money ; Pigouvian taxes … ; ring fencing ; systemic financial risk ; systemic financial externalities ; Tobin tax …

. This is a simpler and more efficient way of addressing systemic liquidity risk than the controls on individual institutions … proposed by international regulators. -- Basel III ; debt deflation ; endogenous money ; financial regulation ; global … financial risk ; systemic financial externalities ; Tobin tax …

In this paper, we investigate how the introduction of complex, model-based capital regulation affected credit risk of … the credit risk of financial institutions. Overall, our results highlight the pitfalls of complex regulation and suggest … financial institutions. Model-based regulation was meant to enhance the stability of the financial sector by making capital …

In this paper, we investigate how the introduction of complex, model-based capital regulation affected credit risk of … the credit risk of financial institutions. Overall, our results highlight the pitfalls of complex regulation and suggest … financial institutions. Model-based regulation was meant to enhance the stability of the financial sector by making capital …

regulation did not take the "big picture" of the system suffciently into account and, subsequently, financial supervision mainly … "missed the forest for the trees". As a result, the need for macroprudential aspects of regulation emerged, which has recently … macroprudential regulation in creating stable, yet effcient financial systems. At the same time, I emphasize the importance of …

Liquidity), and relates these developments to concurrent regulatory changes, such as the Basel Market Risk Amendment. We also …