kaal:claim:2957645-024

Contingent capital could create a regime for providing countercyclical regulatory capital that further enhances the regulatory capital requirements of the Federal Reserve and those under Basel III.

Accordingly, contingent capital could create a regime for providing countercyclical regulatory capital51 that further enhances regulatory capital requirements of the Federal Reserve52 and under Basel III.53

Kaal, Dynamic Regulation via Contingent Capital (2017), III. Contingent Capital, p. 14
https://ssrn.com/abstract=2957645 · source PDF

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

• contingent capital is used alongside, not instead of, existing minimum capital requirements

designsupport: arguedsystemic-riskcontingent-capital

• extends kaal:claim:1998455-009 Installing contingent capital can be more efficient than raising capital requirements, because the capital inj...
• extends kaal:claim:2061166-039 Given the European initiatives on contingent capital and the nascent European market in contingent capital sec...
• extends kaal:claim:1908473-017 Contingent capital securities are likely to be more efficient than raising capital requirements, because the c...

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