Journal of Financial Regulation and Compliance: Volume 21 Issue 1

Could we rely on market discipline as a substitute for insurance regulation?

Fernando Castagnolo, Gustavo Ferro

The purpose of this paper is to examine empirically whether the market discipline works, and if so, whether it is a complement or substitute of prudential regulation in the…

Bank failures and regulation: a critical review

Mikael Petitjean

The purpose of this paper is to define the key components of an effective regulatory regime.

Legally scored

Wen Li Chan, Hsin‐Vonn Seow

Achieving equal treatment of credit applicants has been a legitimate concern of legislators and the credit industry. However, measures taken to date in attempting to comply with…

Managing compliance risk after MiFID

Paola Musile Tanzi, Giampaolo Gabbi, Daniele Previati, Paola Schwizer

The purpose of this paper is to focus on changes in the compliance function within major European banks and other financial intermediaries and on the effects of Markets in…

Setting an institutional and regulatory framework for trading platforms: Is there a case for a new trading venue under MiFID?

Diego Valiante

The purpose of this paper is to provide a theoretical framework for the legal classification of trading venues in financial markets. Currently, there is no clear definition of…

Co‐designing compliance to the Anti‐Money Laundering Act within the small and medium enterprise sector

Ameya Kelkar, Asha Rao

Money laundering is a financial crime that does not directly affect a business but poses a serious threat to a nation's stability and security. The Australian Anti‐money…