不提俄罗斯:由于违反经济制裁而对银行进行处罚的理论框架及其政策影响

Q1 Social Sciences
Václav Brož, Domenico Pace, Bruce Gahir, Thomas Draper, S. Cavagnetto
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引用次数: 0

摘要

本文对银行违反经济制裁的处罚进行了调查和探讨。2022年2月,由于俄罗斯的侵略和全球经济气候的持续普遍恶化,乌克兰冲突开始,这一话题再次引发了人们的兴趣和关注。因此,基于2007年以来对违反经济制裁的银行进行处罚的经验,提出了一个理论模型。该模型有助于根据银行和监管机构的行为特征设计最佳处罚水平。该模型基于对银行不当行为动机和激励机制的经济考察,借鉴了夏皮罗-斯蒂格利茨模型,解决了委托代理模型中信息不对称的典型后果。从政策角度来看,拟议的模式也有可能为银行不当行为对银行的限制标准化提供机会。提出了有关处罚的政策影响,可供今后考虑,特别是在与违反经济制裁有关的情况下执行。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Do not mention Russia: A theoretical framework for bank penalties due to economic sanction violations and policy implications
In this paper, penalties to banks violating economic sanctions have been investigated and discussed. This topic has sparked renewed interest and attention following the beginning of the conflict in Ukraine due to the Russian aggression in February 2022 and the ongoing general deterioration in the global economic climate. Thus, based on the experience with penalties to banks for violations of economic sanctions from 2007, a theoretical model has been proposed. It is proposed that this model may be informative in devising the optimal level of penalties based on behavioral characteristics of banks and regulators. The model is based on the economic examination of the motives and incentives for bank misconduct, by drawing on the Shapiro-Stiglitz model addressing typical consequences of asymmetric information in principal-agent models. From a policy perspective, the proposed model also has the potential to provide opportunities for standardization of restrictions posed on banks as a result of bank misconduct. Relevant policy implications concerning penalties are put forward that may be implemented for future considerations, particularly in cases related to violations of economic sanctions.
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来源期刊
Banks and Bank Systems
Banks and Bank Systems Social Sciences-Law
CiteScore
2.60
自引率
0.00%
发文量
60
审稿时长
11 weeks
期刊介绍: The journal focuses on the results of scientific researches on monetary policy issues in different countries and regions all over the world. It also analyzes the activities of international financial organizations, central banks, and bank institutions. Key topics: -Monetary Policy in Different Countries and Regions; -Monetary and Payment Systems; -International Financial Organizations and Institutions; -Monetary Policy of Central Banks; -Organizational Structure, Functions and Activities of Central Banks; -State Policy and Regulation of Banking; -Bank Competitiveness; -Banks at the Financial Markets; -Bank Associations and Conglomerates; -International Payment Systems; -Investment Banking; -Financial Risks and Risk Management in Banks; -Capital and Ownership Structure, Bankruptcy and Liquidation, Mergers and Acquisitions of Banks; -Corporate Governance and Goodwill; -Personnel Management in Banks; -Econometric, Statistical Methods; Econometric Modeling of Bank Activities; -Bank Ratings.
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