Capital requirements and claims recovery: A new perspective on solvency regulation

Protection of creditors is a key objective of financial regulation. Where the protection needs are high, that is, in banking and insurance, regulatory solvency requirements are an instrument to prevent that creditors incur losses on their claims. The current regulatory requirements based on value at...

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Veröffentlicht in:	The Journal of risk and insurance 2023-06, Vol.90 (2), p.329-380
Hauptverfasser:	Munari, Cosimo, Weber, Stefan, Wilhelmy, Lutz
Format:	Artikel
Sprache:	eng
Schlagworte:	capital requirements recovery on liabilities Regulation of financial institutions risk measures Solvency solvency regulation
Online-Zugang:	Volltext
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