Results 101 to 110 of about 5,454,495 (242)
Global Banks and Local Rules: The Effects of Macroprudential Policy on US Bank Branch Lending
European Financial Management, EarlyView.ABSTRACT The discretionary nature of macroprudential policy implementation may stimulate regulatory arbitrage opportunities by global banks, undermining national regulators’ efforts to fine‐tune business, credit or financial cycles within the domestic perimeter. This paper examines how local macroprudential tools affect the lending behaviour of foreign
Carmela D'Avino +3 more
wiley +1 more source
Counterparty Risk, Impacton Collateral Flows and Role for Central Counterparties
IMF Working Papers, 2009 Counterparty risk in the United States stemming from exposures to OTC derivatives payables (after netting) is now concentrated in five banks?Goldman Sachs, JPMorgan, Bank of America, Morgan Stanley and Citi. This note analyzes how such risks have shifted over the past year.
James Aitken, Manmohan Singh
openaire +3 more sources
Estimating the Counterparty Risk Exposure by Using the Brownian Motion Local Time
International Journal of Applied Mathematics and Computer Science, 2017 In recent years, the counterparty credit risk measure, namely the default risk in over-the-counter (OTC) derivatives contracts, has received great attention by banking regulators, specifically within the frameworks of Basel II and Basel III.
Bonollo Michele +3 more
doaj +1 more source
Multidimensional Militarisation, Evidence From Mexico's War on Drugs
International Social Science Journal, EarlyView.ABSTRACT This article documents different dimensions of militarisation observed in Mexico since the start of the war on drugs. It argues that militarisation is a multidirectional phenomenon that is characterised by rationales that justify the use of illegal means to address complex issues, promising expediency and efficiency but rarely delivering on it.
Agustin Hernandez Berea
wiley +1 more source
Risk Factors in Derivatives Markets
Entrepreneurial Business and Economics Review, 2015 The objective of the article is to analyse and present the classification of risks actual to derivative securities. The analysis is based on classical and modern literature findings and analysis of newest statistical data. The analysis led to the ...
Raimonda Martinkutė-Kaulienė
doaj +1 more source
JCMS: Journal of Common Market Studies, EarlyView.Abstract Why has the United Kingdom repeatedly restored substantive compatibility with European Union (EU) regulatory norms despite formal withdrawal? This article introduces the concept of asymmetric regulatory embeddedness (ARE) to explain post‐membership governance in highly integrated sectors. ARE captures the structural condition in which a former
George Asiamah
wiley +1 more source
SystemsFirms are embedded in transaction systems whose organization can generate both coordination benefits and relational exposure. Using disclosed related-party transactions (RPTs), we construct annual weighted bipartite networks for 2674 Chinese A-share ...
Jiawei Xu, Haohua Li
doaj +1 more source
A Legal Look at the Function, Nature and Structure of the Settlement Guarantee Fund in the Stock and Securities Market [PDF]
تحقیقات مالی اسلامی (پیوسته), 2019 The clearing and settlement operations of securities transactions are subject to numerous risks. Some of these risks can be controlled by tools such as the "Margin" (initial guarantee) by the clearing house, but after all these tools have been ...
Sayyed Ali Hosini +2 more
doaj
Credit Risky Securities Valuation under a Contagion Model with Interacting Intensities
Journal of Applied Mathematics, 2011 We study a three-firm contagion model with counterparty risk and apply this model to price defaultable bonds and credit default swap (CDS). This model assumes that default intensities are driven by external common factors as well as other defaults in the
Anjiao Wang, Zhongxing Ye
doaj +1 more source
CDS as Insurance: Leaky Lifeboats in Stormy Seas [PDF]
In this paper we update the traditional insurance economics framework to incorporate key features of the credit default swap (CDS) market. First, we allow for insurer insolvency, with asymmetric information as to its probability.
Stephens, Eric, Thompson, James
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