23 references, page 1 of 3 Regulation? - An Overview of the Thesis .......................................................................1 1. RESEARCH QUESTIONS AND OBJECTIVES ........................................................... 5 2. MOTIVATION ................................................................................................................... 8 3. PLACING THE THESIS WITHIN THE LITERATURE ........................................... 11 4. METHODS........................................................................................................................ 16 5. THESIS STRUCTURE .................................................................................................... 17
Partitioning in the United Kingdom ............................................................................169 1. INTRODUCTION .......................................................................................................... 170 2. SOME ECONOMIC ASPECTS OF BANK RING-FENCING ................................. 177 2.1. What is Bank Ring-Fencing? .................................................................................... 177
Conclusions - the Legal Organization of Banks Matters for Financial Regulation221 1. CONCLUDING REMARKS......................................................................................... 221 2. WHAT HYPOTHESES COULD BE DRAWN FROM THIS THESIS.................... 224 3. SOME LIMITATIONS.................................................................................................. 226 4. WIDER POLICY IMPLICATIONS AND OPPORTUNITIES FOR FUTURE RESEARCH ........................................................................................................................... 227 The Legal Organization of Non-Bank Financial Institutions .............................................. 227 Legal Structure and Regulatory Compliance ...................................................................... 229 The Political Economy of Banking Structural Reforms...................................................... 230 BIBLIOGRAPHY.................................................................................................................. 233 SUMMARY ............................................................................................................................ 266 SAMENVATTING ................................................................................................................ 267
Figure 1. Linkage Between Legal Form and Financial Regulation.....................................8
Figure 2. Liquidation Protection and Creditor Rank .........................................................83
Figure 3. FDIC Bank Claims Priority Structure ..............................................................100
Figure 4. Bank Ownership and Voting Rules....................................................................97
Figure 5. Bank Capital to Total Assets Ratio for Selected Countries .............................117
Figure 6. 8% Total Capital Ratio Under Basel III ...........................................................124
Figure 7. Total Regulatory Capital to RWA Under Basel I and Basel III.......................133