Abstract
The principal tenant of this study is the proposition that ex ante microprudential regulation ought to encompass measures that are aimed at pro-actively monitoring the performance and financial stability of banks so as to secure the value of depositors’ assets. In this regard, this study proposes to explore the adoption of specific ex ante measures that are intended to discipline bank conduct and align their incentives with those of depositors in the security of the latter’s assets, while at the same time averting excessive risk-taking that increases the probability of bank failure...
LL.M. (Banking Law)