Climate Change Risk and Financial Stability: Implications for European Banking Institutions
ABSTRACT This study examines whether climate change risk weakens banking‐system stability in the European Union and assesses how renewable energy adoption and energy‐related taxation moderate this relationship. Using panel data for 27 EU countries from 2012 to 2022 and applying fixed‐effects OLS, two‐stage least squares (2SLS), and robust generalized ...
Md Yousuf Ali
wiley +1 more source
Climate Stress Testing on European SME Securitised Loans Under Climate Mitigation Scenarios
ABSTRACT Assessing the future impact of climate risks on the probability of default (PD) of small and medium enterprises (SMEs) is challenging due to limited disclosure, policy uncertainty and exposure to physical risks. This paper addresses this gap by integrating macroeconomic variables from the Network for Greening the Financial System (NGFS ...
Luca Zanin, Raffaella Calabrese
wiley +1 more source
Should Indonesia Learn from Malaysia and Singapore’s Cross-Border Insolvency Asset Settlements?
The lack of boundaries between countries characterises the current globalisation. This convenience represents "high risk, high return", with the possibility of greater profits, but there is also a high risk of failure.
Tata Wijayanta +3 more
doaj +1 more source
Insolvency Proceedings: ASEAN and EU Comparison on the Rules of Foreign Court Jurisdiction
Due to a lack of uniformity or harmonization of laws and regulations, cross-border insolvency has remained an issue in the ASEAN region. ASEAN economic openness with the implementation of the ASEAN Free Trade Area (AFTA) and ASEAN Economic Community (AEC)
Rizaldy Anggriawan
doaj +1 more source
Legal regulation of cross-border insolvency (bankruptcy) in the European Union
INTRODUCTION. The regulation of the institute of cross-border bankruptcy is currently acquiring the greatest relevance, given the globalization of the economy and the internationalization of business relations.
V. V. Voynikov, S. E. Mustafaeva
doaj +1 more source
Carbon Footprint of Bank Loans: Opportunities and Risk Implications in the Banking Industry
ABSTRACT This study examines whether the carbon footprint of bank loan portfolios influences bank stability, profitability and cost efficiency and whether regulatory quality moderates these relationships. Using a balanced panel of 33 countries from 2005 to 2018, the analysis combines banking‐sector indicators from the World Bank Global Financial ...
Honglei Wang +5 more
wiley +1 more source
Cross-Border Insolvency Law in Europe: Present Status and Future Prospects [PDF]
In May 2007 the European countries celebrated the first lustrum of the EU Insolvency Regulation (1346/2000). This article describes where Europe stands with its model which is based on well known theories of private international law for dealing with ...
B Wessels
doaj
The Spanish Approach to Corporate Restructuring: A “Pre-packaged Chapter 11”
The implementation in Spain of the EU Directive on restructuring and insolvency (Directive 2019/1023) has been carried out by means of Law 16/2022, of 5 September.
Francisco Garcimartin
doaj +1 more source
The UNCITRAL model law on cross-border insolvency and the rule of law
Free to read\ud \ud The rule of law is a concept that was often considered in the context of national\ud legal systems. However, it is now commonly being promoted as significant in the\ud transnational context.
Deane, Felicity +3 more
core +1 more source
Decarbonization in Financial Turbulent Times: Global Value Chains and Regulatory Framework
ABSTRACT This study examines how participation in global value chains (GVCs) influences carbon emissions amid financial turbulence, with attention to cross‐country heterogeneity and distributional dynamics. Although existing research has explored trade–environment linkages, limited attention has been given to how GVC integration interacts with ...
Xiaoyong Xu +4 more
wiley +1 more source

