Markus Demary

The US should not roll back financial regulation

In the United States, the House of Representatives has passed the Financial CHOICE Act (Creating Hope and Opportunity for Investors, Consumers and Entrepreneurs Act). This bill is intended to replace the financial market regulation of the Obama era, the Dodd-Frank Wall Street Reform and Consumer Protection Act, which was a response to the global financial market crisis of 2008.

One […]

September 6th, 2017|Finance, Markus Demary|0 Comments|
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    Will the review of the Dodd-Frank Act start a regulatory competition with the EU?

Will the review of the Dodd-Frank Act start a regulatory competition with the EU?

The US-President has signed an executive order which directs the US Treasury department to revise financial regulation, especially the Dodd-Frank Act. But starting a regulatory competition with the EU will endanger global financial stability.

 The Dodd-Frank Wall Street Reform and Consumer Protection Act was initiated under the Obama administration as a response to the Global Financial Crisis. President Trump argues […]

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    Blockchain: cheap, fast and accurate (but consumes a huge amount of energy)

Blockchain: cheap, fast and accurate (but consumes a huge amount of energy)

Proponents of the blockchain technology envision a world without financial service providers. Asset ownership would thereby be recorded in a distributed, non-manipulable ledger – the blockchain – that is stored on each participant’s computer. Except for the digital currency bitcoin, this technology has not been widely applied so far. Many promises surrounding blockchain exist. The most important ones are […]

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    Why European firms need more securitised bonds (not bank loans)

Why European firms need more securitised bonds (not bank loans)

Commerzbank Tower, by David Schiersner, under a CC-BY-2.0 licence
Bank lending to the real economy has still not recovered from the financial crisis in Europe. This problem is pervasive because of the relevance of the bank lending channel. About 80 per cent of companies’ debt financing is based on bank loans in Europe, while only 20 per cent is based on the […]

November 15th, 2016|Finance, Markus Demary|0 Comments|