The Advisory Scientific Committee of the European Systemic Risk Board published a report discussing how excessive regulatory complexity can contribute to systemic risk and possible ways to address the issue,…Read More
Working Paper Series No 91 / May 2019 Ernest Dautović The paper evaluates the impact of macroprudential capital regulation on bank capital, risk taking behaviour, and solvency. The identification relies…Read More
The European Systemic Risk Board (ESRB) has published a recommendation on action to address systemic risks related to liquidity mismatches and the use of leverage in investment funds. The ESRB…Read More
There are competing arguments about the likely effects of Sovereign Bond-Backed Securitization (SBBS) on the liquidity of sovereign bond markets. By analyzing hedging and diversification opportunities, this paper shows that…Read More
In both the subprime crisis and the euro-area crisis, regulators imposed bans on short sales, aimed mainly at preventing stock price turbulence from destabilizing financial institutions. Contrary to the regulators’…Read More
European rules on investment managers reporting securities financing to trade repositories — will they scare away lenders?
An excellent post in COO Connect “Regulation of repo and securities loan in Europe will increase the burden of reporting” (October 6, 2014) by Dominic Hobson caught our eye. He…Read More