Journal of Financial Regulation and Compliance: Volume 9 Issue 4

Revisions to international bank solvency standards: A UK supervisory perspective

Terry Allen

The paper summarises the key elements contained in recent proposals to revise the Basel Accord on bank capital and associated European Union requirements. A major consultative…

Minimum capital requirements and the design of the new Basel Accord: A constructive critique

Alistair Milne

The Basel committee proposes making regulatory capital requirements more risk sensitive. Cost‐benefit assessment suggests that this yields greater efficiency in the use of…

A regulatory regime and the new Basel Capital Accord

David T. Llewellyn

The purpose of this paper is to set the proposed new capital adequacy arrangements in the wider context of what is termed a regulatory regime. The central theme is that the…

MIMIC: A proposal for deposit insurance reform

James A. Wilcox

Here the author proposes the Mutual Insurance Model with Incentive Compatibility (MIMIC). MIMIC is a model for deposit insurance that mimics the incentives and practices of a…

Too much regulation?

Geoffrey E. Wood

This paper considers what purposes regulation and supervision of financial institutions are designed to serve. Historical experience with regulation and supervision is considered…

‘Too big to fail’: Effects on competition and implications for banking supervision

Michael Wolgast

Despite a raft of important qualitative reservations and at best poor empirical evidence, the argument that, in case of business problems, large banks are more likely to be bailed…

R (on the application of Fleurose) v Securities and Futures Authority Ltd and another

J Morrison, Joanna Gray

The claimant, Mr Fleurose had been employed by JP Morgan Securities Ltd, a member of the Securities and Futures Authority (SFA), as a senior cash arbitrage trader. The London…

Lloyds TSB General Insurance Holdings Ltd and others v Lloyds Bank Group Insurance Co Ltd; Abbey National plc v Lee and others

J Moore‐Bick

Private personal pension plans had been represented and sold by representatives of the two claimants in these conjoined actions to members of the public as an alternative to…