Dynamic Regulation Via Contingent Capital
16 Pages Posted:
Date Written: April 24, 2017
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=