eprintid: 2455
rev_number: 11
eprint_status: archive
userid: 6
dir: disk0/00/00/24/55
datestamp: 2015-01-12 10:55:20
lastmod: 2015-01-29 08:42:25
status_changed: 2015-01-12 10:55:20
type: monograph
metadata_visibility: show
creators_name: Bonollo, Michele
creators_name: Crimaldi, Irene
creators_name: Flori, Andrea
creators_name: Pammolli, Fabio
creators_name: Riccaboni, Massimo
creators_id: michele.bonollo@imtlucca.it
creators_id: irene.crimaldi@imtlucca.it
creators_id: andrea.flori@imtlucca.it
creators_id: f.pammolli@imtlucca.it
creators_id: massimo.riccaboni@imtlucca.it
title: Systemic risk and banking regulation: some facts on the new regulatory framework
ispublished: pub
subjects: HB
subjects: HD61
divisions: EIC
full_text_status: public
monograph_type: imt_eic_working_paper
keywords: JEL Codes: G01, G18 G21    -    Keywords: Systemic Risk, OTC Derivatives Market, Basel Regulations, European Market Infrastructure Regulation, Trade Repositories
note: The working paper has been published in: Corporate Ownership & Control, 12 (2), 2015
abstract: The recent financial crisis highlighted the relevant role of the systemic effects of banks’ defaults on the stability of the whole financial system. In this work we draw an organic picture of the current regulations, moving from the definitions of systemic risk to the issues concerning data availability. We show how a more detailed flow of data on traded deals might shed light on some systemic risk features taken into account only partially in the past. In particular, we analyse how the new regulatory framework allows regulators to describe OTC derivatives markets according to more detailed partitions, thus depicting a more realistic picture of the system. Finally, we suggest to study sub-markets illiquidity conditions to consider possible spill over effects which might lead to a worsening for the entire system.
date: 2015-01
date_type: published
number: 1
publisher: IMT Institute for Advanced Studies Lucca
pages: 19
institution: IMT Institute for Advanced Studies Lucca
issn: 2279-6894
related_url_url: http://www.virtusinterpress.org/IMG/pdf/COC__Volume_12_Issue_2_Winter_2015_contents.pdf
related_url_type: pub
projects: Project “CRISIS Lab”
citation:   Bonollo, Michele and Crimaldi, Irene and Flori, Andrea and Pammolli, Fabio and Riccaboni, Massimo  Systemic risk and banking regulation: some facts on the new regulatory framework.  EIC working paper series  #1/2015    IMT Institute for Advanced Studies Lucca    ISSN 2279-6894.      
document_url: http://eprints.imtlucca.it/2455/1/EIC_WP_01_2015.pdf