Rulemaking with dynamic elements increases the adaptive capabilities of financial regulation through the increasing use of institution specific information, including information on how financial institutions and their decision makers actually act and are expected to react to unforeseen contingencies.
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Rulemaking with dynamic elements increases the adaptive capabilities of financial regulation through the increasing use of institution specific information.
restated_bykaal:claim:2808132-033 Dynamic regulatory tools lower unforeseen contingencies in rulemaking because the feedback effect supplies rel...
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