Abstract

The banking industry is heavily regulated because of the nature and role it plays in the financial and economic system. If on the one hand the enormous legislative activity that has characterized the banking system in recent years - the evolution of which is still ongoing - has focused on strengthening the protection of 'weak contractors' as well as the overall stability and the development of competitive conditions that are the same for international banks in different countries, on the other hand, it has forced banks to bear sub­ stantial costs to ensure regulatory compliance. Although in the past several studies have tried to quantify the cost of regulatory compliance and to verify the existence of economies of scale in this activity, this study is the first attempt to analyse the extent and the determinants of the costs of regulatory compliance for Italy. Using the estimated unatantum costs of compliance with the legislation on transparency, the study attempts to extrapolate empirical evidence on the impact of the different fulfilments that have to be faced on total unatantum and ongoing costs and on the existence of economies of scale.

Autore Pugliese

• Salvadori Gianfausto , Cosma Simona

Tutti gli autori

• S. Cosma , G. Salvadori , P. Schwizer

Titolo volume/Rivista

Non Disponibile

Anno di pubblicazione

2013

ISSN

Non Disponibile

ISBN

Non Disponibile

Numero di citazioni Wos

Nessuna citazione

Ultimo Aggiornamento Citazioni

Non Disponibile

Numero di citazioni Scopus

Non Disponibile

0

Ultimo Aggiornamento Citazioni

28/04/2018

Settori ERC

Non Disponibile

Codici ASJC

Non Disponibile