- Energy Trading and Its Multiplicity of Supervisors: Effectiveness of Fragmented Supervision and Information Sharing in View of Reporting Obligations for Energy Trading Companies
Report · 9 November 2020
Energy companies trading in derivatives which have a value based on an energy product (“Energy Trading”) are subjected to a fragmented regulatory framework. They are supervised by a multitude of…
- Blockchain Technology: A Catalyst for Change in Finance
Report · 23 August 2021
Blockchain is one of the most disruptive innovations in the field of technology in 21st century. Blockchain, a distributed ledger technology (DLT) and smart contracts, has emerged as a…
- Improving Access to Justice in State Courts with Platform Technology
Report · 5 December 2017
ess to justice often equates to access to state courts, and for millions of Americans, using state courts to resolve their disputes — often with the government — is a real challenge. Reforms are…
- Allocating Bank Regulatory Powers: Lender of Last Resort, Deposit Insurance and Supervision
26 August 2005
We examine the optimal institutional allocation of bank regulation. We find that centralizing the lending of last resort and deposit insurance functions in a regulator leads to excessive forbearance.…
- Community Bank Consolidation and the Role of Technology Investment
25 January 2024
During the 2010s, the number of community banks in the United States declined by almost one-third, a trend that has worried many stakeholders including communities losing their primary banks…
- Barking Dogs Seldom Bite: Firm and Stock Market Responses to Naming and Shaming in German Financial Markets Supervision
31 October 2025
Using data from the German financial supervisor (BaFin), we find no consistent evidence of systematic stock market responses or adverse changes in firm financials upon the public disclosure of…
- Bankers' Compensation and Prudential Supervision
15 April 2011
This is a Chapter contributing to the Research Handbook on Executive Compensation. In the quest for possible causes of the recent financial crisis, commentators often argue that bank executives had…
- Information Technology in Banking and Entrepreneurship
23 October 2024
We study the importance of information technology (IT) in banking for entrepreneurship. Guided by a parsimonious model, we establish that job creation by young firms is stronger in US counties more…
- Natural Disasters and Financial Technology Adoption
Report · 29 September 2023
This paper investigates the adoption of financial technology, with a specific focus on the introduction of a new instant payment technology called PIX by the Brazilian Central Bank. To assess…
- Pledgeability and Bank Lending Technology
27 October 2022
What is the effect of an expansion of eligible collateral on different lending technologies? We show that expanding eligible collateral (i) increases transactional (T) banks’ interest income and…
- Technology Regulation by Default: Platforms, Privacy, and the CFPB
Report · 6 August 2018
In the absence of a technology-focused regulator, diverse administrative agencies have been forced to develop regulatory models for governing their sphere of the data economy. These largely…
- Cloud Adoption in the Financial Sector and Concentration Risk
Report · 31 May 2023
Cloud services have become an important part of the information technology toolkit in the global financial sector. As cloud adoption by financial institutions has increased, financial regulators have…
- Efficiency of Technology in Retail Banking
10 April 2012
Economic prosperity is provoking many in this populous nation with real purchasing power; it simply is an opportunity that cannot be overlooked by global banks. Thus, global banks seeking a presence…
- Book Review - Financial Regulation and Supervision, a Post-Crisis Analysis
13 August 2012
The financial crisis has left no part of the financial system untouched. While the cause or causes of the crisis are still a much-debated subject, and as the crisis is moving from private financing…
- The Operation of Supervisory Colleges after the Single Supervisory Mechanism of the European Banking Union
Report · 23 October 2018
This article focuses on the operation of supervisory colleges after implementation of the first pillar of the European Union’s Banking Union -- the Single Supervisory Mechanism. The article concludes…
- Foreign Investment, Regulatory Arbitrage, and the Risk of U.S. Banking Organizations
16 December 2015
This study investigates the implications of cross-country differences in banking regulation and supervision for the international subsidiary locations and risk of U.S. bank holding companies (BHCs).…
- Braving Bitcoin: A Technology Acceptance Model Analysis
Report · 22 June 2017
The Technology Acceptance Model (TAM) is an important analytical tool in the study of the social mechanisms of technology adoption, and has received considerable attention in the literature. Though…
- Supervision and Class Action Against Conflicts of Interest in 'Universal Banking': US Experience vis-a-vis Recent Italian Initiatives
19 April 2007
The recent wake of financial scandals has prompted also in Italy a heated debate on how to regulate conflicts of interest emerging when banks simultaneously carry out commercial banking, on the one…
- Regulating and Supervising Credit Rating Agencies in the European Union
Report · 31 August 2016
This paper addresses a pressing issue in connection with adequately tackling the recent financial crises: the regulation and supervision of credit rating agencies in the European Union. The paper…
- The Blockchain Technology and Modern Ledgers Through Blockchain Accounting
Report · 29 January 2020
Blockchain is one of the emerging technology in global. Blockchain is fundamentally an accounting and finance technology. In this paper, we discuss Blockchain technology in accounting and Distributed…
- How Do Institutional Investor Cliques Affect Corporate Financialization: Supervisor or Conspirator?
26 September 2024
This research examines the influence of institutional investor cliques on corporate financialization in China by utilizing the data from 2007 to 2019 across A-share listed non-financial enterprises.…
- EU Hedge Fund Regulation: Hedge Funds and Single Supervision
2 November 2018
Despite the tremendous growth of the hedge fund sector in Europe, the world of hedge funds is still shrouded in a veil of mystery. Politicians and regulators have regularly criticized the hedge fund…
- Combating Money Laundering in an Age of Technology and Innovation
Report · 9 July 2020
Financial technology (fintech) is a double-edged sword. The innovations in fintech have advanced traditional ways of undertaking transactions and provided immense opportunities to individuals and…
- Should Banking Supervision and Monetary Policy Tasks Be Given to Different Agencies?
14 February 2000
This paper adds some new arguments to the thesis that the responsibility for banking supervision should be assigned to an agency formally separated by the Central bank. We also provide some…
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