This study investigates the impact of bank regulation and supervision on credit in 23 Sub-Saharan African (SSA) countries their low- middle-income groups from 1995 to 2017. The long-run results indicated that stringent entry barriers supervisory power reduced lending, but mitigated negative effect barriers. Furthermore, positive shocks impacted negatively credit, while capital requirements had ...

An important trend in bank regulation is greater reliance on market discipline. In particular, information impounded in securities prices is increasingly used to complement supervisory activities of regulators with limited resources. The goal of this paper is to analyze the theoretical foundations of market-based bank regulation. We find that price information only improves the efficiency of th...

The liquidity crisis in 2008 sparked interest in the role of regulation that could promote resilience and stability in the banking system. While the Public Interest theory suggests that legal policies could discipline banking activities, the Private Interest theory predicts otherwise, which impairs banking performance. The conflicting theories warrant comprehensive research, especially for Isla...

Financial supervision means that monetary authorities have the power to supervise and manage financial institutions according to laws. Monetary authorities have this power because of the requirements of improving financial services, protecting the rights of depositors, adapting to industrial development, ensuring financial fair trade, and maintaining stable financial order. To establish evaluat...

A number of your colleagues on the Committee have recently asked for the Board's views on the importance of the Federal Reserve's continued role in bank supervision and regulation. In response to these requests, I am enclosing for you and your colleagues a document that discusses (1) how the expertise and information that the Federal Reserve develops in the making of monetary policy enable it t...

This paper studies the determinants of bank charter value and its disciplining effect on bank risktaking in the period since the mid-1980s. Due to significant macro developments in the banking industry, including legislation and regulation, consolidation, and technological advances, we find the magnitude, determinants, and the disciplining effect of bank charter value changed quite substantiall...