Journal of Financial Regulation and Compliance: Volume 31 Issue 4

Assessing the financial and informational role of supervisory stress tests: EU-wide 2018 stress test vis-à-vis EU-wide 2021 stress test

Dimitrios Karakostas, Ioannis Tsakalos, Athanasios Fassas

The supervisory stress test evaluates the capital adequacy and profit-generation capacity of systemic banking institutions under baseline and adverse macroeconomic scenarios. This…

Impact of financial inclusion on economic growth in secular and religious countries

Peterson K. Ozili, Sok Heng Lay, Aamir Aijaz Syed

Empirical research on the relationship between financial inclusion and economic growth has neglected the influence of religion or secularism. This study aims to investigate the…

Investment strategies of sovereign wealth funds: the potential and challenges of empirical research

Abdulaziz K. Alosaimi, Mishari M. Alfraih

The purpose of this paper is to explore and evaluate the main segments of existing empirical literature related to Sovereign Wealth Funds (SWFs) and provide a thorough…

Can regulations prevent financial crises? Uses of the past in the evolution of regulatory reforms in Sweden

Asa Malmstrom Rognes, Mats Larsson

The purpose of this study is to examine whether regulations can prevent financial crises based on the case of Sweden in the 20th century. The evolution of banking regulation…

Calibration issues under the EU capital regime for investment firms

Mete Feridun

The EU prudential regime for investment firms comprising the Directive (EU) 2019/2034 (IFD) and Regulation (EU) 2019/2033 (IFR) introduces a fit-for-purpose capital framework for…

Telecommunications regulation, mobile money innovations and financial inclusion

Simplice Asongu

This study aims to assess how corporate telecommunication (telecom) policies follow telecom sector regulation in mobile money innovation for financial inclusion in developing…