Journal of Financial Regulation and Compliance: Volume 22 Issue 2

Financial services education: An Irish perspective

Richard Brophy

The purpose of this paper is to chart the development of financial services education from its origins in the insurance industry to the current offering for people who wish to…

Bank resolution costs, depositor preference and asset encumbrance

Daniel C. Hardy

This paper aims to clarify the effects of introducing depositor preference on resolution costs, probability of default and bank funding costs, allowing for the possibility of…

Do key investor information documents enhance retail investors’ understanding of financial products? Empirical evidence

Andreas Oehler, Andreas Höfer, Stefan Wendt

The purpose of this paper is to analyze whether key investor information documents (KIDs) provided by suppliers/issuers help retail investors to understand the key characteristics…

Bank’s perspective on regulatory-driven changes to collateral management

Lukasz Prorokowski

The aim of this paper is to discuss the impact of regulatory-driven changes to the collateral management landscape, indicating operational and technological challenges faced by…

Swap futurization: Levelling the playing field

Lisa Smack

The purpose of this paper is to demonstrate that certain rules, implemented as a result of the Dodd-Frank Act (DFA) of 2010, should be harmonized between economically equivalent…

Distance-to-default measures and determinants for systemically important financial institutions

Natalya A. Schenck

This study aims to compare two distance-to-default methods, data-transformed maximum likelihood estimation and “naïve”, that are suitable for financial institutions. The links…