NORMATIVE ARRANGEMENT OF FINANCIAL INNOVATIONS IN BANKING
Keywords:
banking sector, financial innovations, managerialAbstract
Regulatory dialectics is a process consisting of three phases. All these regulators are aimed at all financial institutions to achieve their goals. These goals include reducing or participating in risk, correcting perceived inefficiencies, and redistributing social resources. Based on regulatory norms, in order to achieve the goals, the competitive position of banks and other financial institutions in the financial markets is affected, while less regulated institutions (non-banking) are allowed to provide regulated services at lower prices. That is why less regulated companies are more flexible in the market and react faster to changes in the environment. Based on that, banks and other financial institutions will try to avoid the restrictions imposed on them by regulation through financial innovations. Avoidance of regulation by banks provokes a reaction from regulatory institutions to close the regulatory loophole , known as reregulation.Downloads
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Copyright (c) 2026 Ramadhani Issa Hemed (Author)
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