Various proposals to enhance the safety and soundness of the banking system have been debated in recent years, and some of these proposals have been enacted into law. But the debate, and the legis!afive changes, have generally focused on limiting losses to the deposit insurance funds in order to protect taxpayers, rather than on the broader implications for the banking system and its role in fi...

We delineate the impact of derivatives trading on asset risk for Canadian banks over the period starting 1997 till the fallout of the bank crisis in 2007. In light of the remarkable resilience of Canadian banks in dodging the current financial turmoil, we investigate whether such bank stability is attributable to effective risk management through derivatives use. After imputing asset risk from ...

On June 26th, 2004, Central bank governors and the heads of bank supervisory authorities in the Group of Ten (G10) countries issued a press release and endorsed the publication of International Convergence of Capital Measurement and Capital Standards: a Revised Framework, the new capital adequacy framework commonly known as Basel II. According to Jean Claude Trichet, Chairman of the G10 group o...

In this paper, some new notions of soundness in public-key model are presented. We clarify the relationships among our new notions of soundness and the original 4 soundness notions presented by Micali and Reyzin. Our new soundness notions also characterize a new model for ZK protocols in public key model: weak soundness model. By ``weak” we mean for each common input x selected by a malicious p...

South Africa’s subpar economic performance over the last decade has weakened its macroeconomic fundamentals and social indicators. In response to formidable COVID-19-related challenges, government expenditure surged, and, amid declining revenue, budget deficit widened significantly. The African Reserve Bank (SARB) Prudential Authority (PA) preserved adequate liquidity conditions financial-secto...

This study aims to analyze the financial performance of Islamic commercial banks and business units between before during pandemic. uses an analysis soundness known as CAMEL, which is proxied into ratio CAR, NPF, ROA, BOPO FDR. a quantitative method by using comparative approach that compares similarities or differences two more properties objects studied in certain frame mind. monthly reports ...

Following the global financial crisis of 2007–09, regulatory authorities either are or should be engaging in a fundamental reconsideration of how they approach financial regulation and supervision. This paper briefly summarizes the present international consensus on regulation as embodied in the Basel framework. It looks at how we came to be in such a situation, and proposes a restart of the pr...

We describe a matching algorithm for terms built over flexible arity function symbols and context, function, sequence, and individual variables. Context and sequence variables allow matching to move in term trees to arbitrary depth and breadth, respectively. The values of variables can be constrained by regular expressions which are not necessarily linear. We prove soundness, termination, and c...

In this paper we introduce a new method for solving systems of linear inequalities. The algorithm incorporates many state-of-the-art techniques from DPLL-style reasoning. We prove soundness, completeness and termination of the method.