{
 "@context": "https://schema.org",
 "@type": "Claim",
 "@id": "https://wulfkaal.github.io/claims/2273857-057",
 "identifier": "kaal:claim:2273857-057",
 "text": "Institution specific automatic triggers in contingent capital securities are flexible and can be tailored to the parties' needs precisely because they operate independently of regulatory discretion.",
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0009-0008-7840-1847"
 },
 "citation": "Wulf A. Kaal, Dynamic Regulation of the Financial Services Industry (2013). SSRN: https://ssrn.com/abstract=2273857",
 "isBasedOn": {
  "@type": "ScholarlyArticle",
  "name": "Dynamic Regulation of the Financial Services Industry",
  "datePublished": "2013",
  "url": "https://ssrn.com/abstract=2273857",
  "sha256": "e7cb3dea40593135acc99a9b00690138fe01020514ebf388f5140e1b0e59e82a",
  "encoding": "https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202013%20-%20Dynamic%20Regulation%20of%20the%20Financial%20Services%20Industry.pdf"
 },
 "keywords": [
  "contingent-capital",
  "risk-and-incentives"
 ],
 "about": [
  "contingent-capital",
  "automatic-triggers",
  "private-ordering",
  "regulatory-discretion"
 ],
 "abstract": "Because institution-specific automatic triggers are independent from regulatory discretion, they have the advantage of being flexible and can be tailored to the parties' respective needs.",
 "additionalProperty": [
  {
   "@type": "PropertyValue",
   "name": "claim_type",
   "value": "mechanism"
  },
  {
   "@type": "PropertyValue",
   "name": "confidence",
   "value": "argued"
  },
  {
   "@type": "PropertyValue",
   "name": "scope_conditions",
   "value": [
    "triggers are privately negotiated and automatic"
   ]
  },
  {
   "@type": "PropertyValue",
   "name": "is_failure_mode",
   "value": false
  },
  {
   "@type": "PropertyValue",
   "name": "attestations",
   "value": "https://wulfkaal.github.io/colloquium/attestations/8a97b676b2eba5817e1751cdb138978897d8515ed04c048ce2f1cb3f8e410b42.json"
  },
  {
   "@type": "PropertyValue",
   "name": "edges",
   "value": [
    {
     "rel": "restates",
     "to": "https://wulfkaal.github.io/claims/2097160-017",
     "to_id": "kaal:claim:2097160-017",
     "similarity": 0.638
    }
   ]
  }
 ],
 "isPartOf": {
  "@id": "https://wulfkaal.github.io/claims/index.json"
 },
 "dateModified": "2026-07-27",
 "version": "1.0",
 "sha256": "8a97b676b2eba5817e1751cdb138978897d8515ed04c048ce2f1cb3f8e410b42",
 "canonicalForm": "https://wulfkaal.github.io/claims/2273857-057.md"
}