Wulf A. Kaal

· bigdata, CoCos, Contingent Capital, Disclosure, Dynamic Regulation, Innovation, International Finance, Investment Advisers, Investment Companies, Investment Funds

Dynamic Regulation Via Contingent Capital

Dynamic Regulation Via Contingent Capital

Review of Banking and Financial Law, Vol. 36, 2017

16 Pages Posted:

Wulf A. Kaal

University of St. Thomas, Minnesota - School of Law
Date Written: April 24, 2017

Abstract

Contingent capital securities are a largely overlooked dynamic regulatory mechanism. This essay evaluates the use of contingent capital securities in a dynamic regulatory context, including the use of feedback effects for optimized timing and information for regulation and anticipatory regulation.
Keywords: Dynamic Regulation, Contingent Capital, CoCos, Feedback Effects, Optimized Information for Regulation, Anticipatory Regulation JEL Classification: K20, K23, K32, L43, L5, O31, O32

Kaal , Wulf A., Dynamic Regulation Via Contingent Capital (April 24, 2017). Review of Banking and Financial Law, Vol. 36, 2017. Available at SSRN: https://ssrn.com/abstract=

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2957645