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Can I read Policy Paper: The Countercyclical Capital Buffer — regulatory negligence? on EtoBox?
Policy Paper: The Countercyclical Capital Buffer — regulatory negligence? by Janika Bockmeyer is a Economics, Econometrics and Finance article available to read on EtoBox.
What is Policy Paper: The Countercyclical Capital Buffer — regulatory negligence? about?
The Counetrcyclical Capital Buffer (CCyB) was established as part of Basel III as the first, and to date, only tool for regulators to intervene countercyclically. As a result, CCyB timing and levels are critical, as is a level playing field between participating countries, to avoid arbitrage. Looking at CCyB implementation, however, remarkable differences exist between countries resulting in competitive disadvantages and arbitrage opportunities for international banks. This paper outlines shortcomings of the CCyB and argues for a revision of it to ensure greater compliance and conformity and thus remedy the problem of competitive disadvantage and regulatory arbitrage.
Who reads Policy Paper: The Countercyclical Capital Buffer — regulatory negligence??
It is typically read by researchers, students, and practitioners in Economics, Econometrics and Finance.
- Author
- Janika Bockmeyer
- Publisher
- Elsevier BV
- Published
- 2021
- Language
- EN
- Field
- Economics, Econometrics and Finance (Social Sciences)