Journal of Financial Regulation and Compliance: Volume 29 Issue 3

Has financial inclusion made the financial sector riskier?

Peterson Kitakogelu Ozili

This paper aims to examine whether high levels of financial inclusion is associated with greater financial risk.

Have EU derivative policy reforms since the 2008 financial crisis been designed effectively?

Charles Fergus Graham

In response to the 2008 financial crisis, the European Union (EU) comprehensively restructured its derivative regulation. A key component of this new framework is a reporting…

Cross-border banking and foreign branch regulation in Europe

Lucia Gibilaro, Gianluca Mattarocci

This paper aims to examine the relevance of cross-border activity in the European banking sector, evaluating the role of differences in regulation to explain the level of interest…

Shadow economy in Africa: how relevant is financial inclusion?

Folorunsho M. Ajide

This study aims to investigate the possible relationship between financial inclusion and shadow economy in selected African countries.

Improving regulatory capital allocation: a case for the internal ratings-based approach for retail credit risk exposures

Robert Stewart

The purpose of this study is to demonstrate that the internal ratings-based (IRB) approach provides more effective risk discrimination than the standardized approach when…

Crypto assets regulation in the UK: an assessment of the regulatory effectiveness and consistency

Sherena Sheng Huang

The UK authority published its first regulatory guidance on crypto-assets in July 2019. This paper aims to critically evaluate the effectiveness of the crypto-asset regulation in…