# kaal:claim:2957645-019

**Claim.** Regulators are often unable to supervise financial institutions effectively because of insufficient public funding, and contingent capital securities could help fill the void that this supervisory incapacity leaves.

**Type.** failure  **Support.** asserted

**Holds when.**

- supervisory agencies operating under funding constraints

**Source quote.**

> Given this potential, CCSs could help fill a void left by regulators' inability to supervise financial institutions effectively, often the result of insufficient public funding.

**From.** Kaal, *Dynamic Regulation via Contingent Capital* (2017), III. Contingent Capital, page 11

**Cite as.** Kaal, Dynamic Regulation via Contingent Capital (2017). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2957645

**Verify.** sha256 of source PDF `250b10782a5ea5dece9235a7f711aee408feaf36f2e78e310d589b5ee6304be2` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202017%20-%20Dynamic%20Regulation%20via%20Contingent%20Capital.pdf

**Failure mode.** Underfunded supervision leaves a monitoring void  (family: supervisory-capacity-gap)

**Topics.** contingent-capital, systemic-risk

**Keywords.** supervisory-capacity, regulatory-funding, contingent-capital, sifi

**Related claims.**

- restates: https://wulfkaal.github.io/claims/1998455-005

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.