The regulation framework for the banking sector: The EMU, European banks and rating agencies before and during the recent financial and debt crisis

Liapis, Konstantinos

doi:10.1057/jdg.2011.23

Cited by 3 publications

(1 citation statement)

References 30 publications

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“…So, the risks and rewards approach should also be evaluated first. According to Liapis (2012), although the exact content of the IAS may not be identical to that of the US GAAP, the two systems use the same approach and degree of detail in many respects. The IAS and US GAAP are more similar than not, and the trend towards harmonization amplifies this trend.…”

Section: Literature Reviewmentioning

confidence: 99%

Managing NPEs Under Financial Crisis Conditions: A Synthetic Quick Approach

Konstantinos¹

2018

ERSJ

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When an economy faces a financial crisis, a secondary problem occurs regarding the management of Non-Performing Exposures. There are many ways to solve this problem. This article contributes to the solution of the above problem by presenting a quick synthetic and modern financial methodology for dealing with the Non-Performing Exposures. Our proposal is initially based on the securitization of loans portfolios. Through the process and the structure of securitization, it is possible to derecognize portfolios under the provisions of IAS39 and to transform its residual value into capital market securities. To that end, flow charts regarding the securitization process and derecognition are provided. Subsequently, the valuation of the capital market security through securitization depends on the collection of the total portfolio that is securitized. A model for the valuation of the residual title under certainty and uncertainty is provided. Based on a recent transaction that has been carried out having apply most of the above features, we have found that banks can implement this solution for NPEs portfolios by transferring their management to specialized companies and thus improving all their financial ratios. The main academic debate that has been developed deals with the determinants of NPEs creation, by examining how these factors influence the formation of NPE portfolios and the features of their structure without involving the effective management of the NPEs. Our article contributes to that challenge.

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Section: Literature Reviewmentioning

confidence: 99%

Managing NPEs Under Financial Crisis Conditions: A Synthetic Quick Approach

Konstantinos¹

2018

ERSJ

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The global financial crisis, the EMU sovereign debt crisis and international financial regulation: lessons from a systematic literature review

Meier

Gonzalez

Kunze³

2021

International Review of Law and Economics

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The Clusters of Economic Similarities between EU Countries: A View Under Recent Financial and Debt Crisis

Liapis¹,

Rovolis²,

Galanos³

et al. 2013

ERSJ

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This article analyzes the clusters of similarities among EU member states before and during the recent financial and debt crisis, using variables from banking, taxation, government debt and deficit, and the Current Account of the Balance of Payment; our study follows the method of Multi-Sample Case of Cluster Analysis between and within groups of EU countries. Our findings show that the current economic crisis the EU is faced with is twofaceted and has arisen from the financial and banking sectors and from government debt. In this sense, problems have resulted from the credit policies of the national banking sectors and from national fiscal and budgetary controls. These two crisis facets are correlated and a new problem emerges concerning the fiscal similarities of European Monetary Union (EMU) countries and the necessity for a fiscal union or for common fiscal policies between them. The aim of this article is to help us understand that the current EU crisis is due to the lack of homogeneity in fiscal and financial polishes across the Union.

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The regulation framework for the banking sector: The EMU, European banks and rating agencies before and during the recent financial and debt crisis

Cited by 3 publications

References 30 publications

Managing NPEs Under Financial Crisis Conditions: A Synthetic Quick Approach

Managing NPEs Under Financial Crisis Conditions: A Synthetic Quick Approach

The global financial crisis, the EMU sovereign debt crisis and international financial regulation: lessons from a systematic literature review

The Clusters of Economic Similarities between EU Countries: A View Under Recent Financial and Debt Crisis

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