Download or read book Powering the Digital Economy Opportunities and Risks of Artificial Intelligence in Finance written by El Bachir Boukherouaa and published by International Monetary Fund. This book was released on 2021-10-22 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.
Download or read book Second report of session 2012 13 written by Great Britain: Parliament: House of Commons: European Scrutiny Committee and published by The Stationery Office. This book was released on 2012-05-29 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Oxford Handbook of Financial Regulation written by Niamh Moloney and published by . This book was released on 2015 with total page 817 pages. Available in PDF, EPUB and Kindle. Book excerpt: The financial system and its regulation have undergone exponential growth and dramatic reform over the last thirty years. This period has witnessed major developments in the nature and intensity of financial markets, as well as repeated cycles of regulatory reform and development, often linked to crisis conditions. The recent financial crisis has led to unparalleled interest in financial regulation from policymakers, economists, legal practitioners, and the academic community, and has prompted large-scale regulatory reform. The Oxford Handbook of Financial Regulation is the first comprehensive, authoritative, and state of the art account of the nature of financial regulation. Written by an international team of leading scholars in the field, it takes a contextual and comparative approach to examine scholarly, policy, and regulatory developments in the past three decades. The first three parts of the Handbook address the underpinning horizontal themes which arise in financial regulation: financial systems and regulation; the organization of financial system regulation, including regional examples from the EU and the US; and the delivery of outcomes and regulatory techniques. The final three Parts address the perennial objectives of financial regulation, widely regarded as the anchors of financial regulation internationally: financial stability, market efficiency, integrity, and transparency; and consumer protection. The Oxford Handbook of Financial Regulation is an invaluable resource for scholars and students of financial regulation, economists, policy-makers and regulators.
Download or read book Sixty third report of session 2010 12 written by Great Britain: Parliament: House of Commons: European Scrutiny Committee and published by The Stationery Office. This book was released on 2012-04-27 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Energy Efficiency written by Fereidoon Sioshansi and published by Academic Press. This book was released on 2013-02-14 with total page 678 pages. Available in PDF, EPUB and Kindle. Book excerpt: Energy Efficiency: Towards the End of Demand Growth is a detailed guide to new energy efficiency technologies and policy frameworks affecting the profitability of efficiency projects. The contributions drawn together by F.P. Sioshansi feature insights from recognized thought leaders, detailed examinations of evolving technologies, and practical case studies yielding best practices for project planners, implementers and financiers. This volume challenges the "more is better" paradigm in energy production, examining efficiency technologies and measurement across the supply chain. - Comparative financial analysis of efficiency vs. increased generation - Case studies from four continents highlight the examples of successful technologies and projects - Explains how existing and developing regulatory frameworks impact cost and implementation
Download or read book Equity Market Structure written by United States. Congress. House. Committee on Financial Services. Subcommittee on Capital Markets and Government Sponsored Enterprises and published by . This book was released on 2014 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book OECD Reviews of Regulatory Reform Regulatory Reform in the United States 1999 written by OECD and published by OECD Publishing. This book was released on 1999-10-10 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report presents an integrated assessment of regulatory reform in framework areas such as the macroeconomic context, the quality of the public sector, competition policy and enforcement, and integration of market openness principles in regulatory processes.
Download or read book Regulation of Water and Wastewater Services written by Rui Cunha Marques and published by IWA Publishing. This book was released on 2010-06-30 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, published in collaboration with ERSAR, presents a unique account of governance and regulatory methods used by different countries, states and municipalities that will help regulators and governments all over the world to improve their regulatory approaches. It is the first book to compile such an amount of data about regulatory processes of a wide number of countries from the five continents. It discusses how the characteristics of water and wastewater services call for regulation and how different countries apply distinct regulatory methods. By showing 18 country case-studies, the book offers an interesting perspective as the regulatory models adopted vary immensely depending on geographical location, nature and strength of institutions and governments, political ideology, features and level of development of the countries. In addition, it provides examples of best practices that may be important for policy-makers to enhance the regulatory processes adopted in each country. It looks closely at rules imposed by state and local governments concerning regulatory issues and how they are being applied. Regulation of Water and Wastewater Services covers the fundamental and practical concepts and issues regarding the regulation of water and wastewater services. It describes and compares the regulatory methods adopted in several countries and provides a global overview on regulation. There is detailed coverage of topics such as quality of service regulation, economic regulation and public service obligations. This book is suitable for regulators, academic researchers and students, consultants, operators and managers, policy-makers and other stakeholders. Visit the IWA WaterWiki to read and share material related to this title: http://www.iwawaterwiki.org/xwiki/bin/view/Articles/RegulationofWaterandWastewaterServicesAninternationalcomparison Author: Rui Cunha Marques, Center of Urban and Regional Systems (CESUR), Instituto Superior Tecnico, Technical University of Lisbon in collaboration with the Portuguese Water and Waste Services Regulation Authority (ERSAR)
Download or read book Federal Register written by and published by . This book was released on 2013-02 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Adversarial Machine Learning written by Aneesh Sreevallabh Chivukula and published by Springer Nature. This book was released on 2023-03-06 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: A critical challenge in deep learning is the vulnerability of deep learning networks to security attacks from intelligent cyber adversaries. Even innocuous perturbations to the training data can be used to manipulate the behaviour of deep networks in unintended ways. In this book, we review the latest developments in adversarial attack technologies in computer vision; natural language processing; and cybersecurity with regard to multidimensional, textual and image data, sequence data, and temporal data. In turn, we assess the robustness properties of deep learning networks to produce a taxonomy of adversarial examples that characterises the security of learning systems using game theoretical adversarial deep learning algorithms. The state-of-the-art in adversarial perturbation-based privacy protection mechanisms is also reviewed. We propose new adversary types for game theoretical objectives in non-stationary computational learning environments. Proper quantification of the hypothesis set in the decision problems of our research leads to various functional problems, oracular problems, sampling tasks, and optimization problems. We also address the defence mechanisms currently available for deep learning models deployed in real-world environments. The learning theories used in these defence mechanisms concern data representations, feature manipulations, misclassifications costs, sensitivity landscapes, distributional robustness, and complexity classes of the adversarial deep learning algorithms and their applications. In closing, we propose future research directions in adversarial deep learning applications for resilient learning system design and review formalized learning assumptions concerning the attack surfaces and robustness characteristics of artificial intelligence applications so as to deconstruct the contemporary adversarial deep learning designs. Given its scope, the book will be of interest to Adversarial Machine Learning practitioners and Adversarial Artificial Intelligence researchers whose work involves the design and application of Adversarial Deep Learning.
Download or read book The Quarterly Review of Economics and Finance written by and published by . This book was released on 2010 with total page 1098 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Regulation and Supervision of the OTC Derivatives Market written by Ligia Catherine Arias-Barrera and published by Routledge. This book was released on 2018-05-11 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: The over-the-counter (OTC) derivatives market has captured the attention of regulators after the Global Financial Crisis due to the risk it poses to financial stability. Under the post-crisis regulatory reform the concentration of business, and risks, among a few major players is changed by the concentration of a large portion of transactions in the new market infrastructures, the Central Counterparties (CCPs). This book, for the first time, analyses the regulatory response of the United Kingdom and the United States, the two largest centres of OTC derivatives transactions, and highlights their shortcomings. The book uses a normative risk-based approach to regulation as a methodological lens to analyse the UK regime of CCPs in the OTC derivatives market. It specifically focuses on prudential supervision and conduct of business rules governing OTC derivatives transactions and the move towards enhancing the use of central clearing. The resulting analysis, from a normative risk based approach, suggests that the UK regime for CCPs does not fulfil what would be expected if a coherent risk based approach was taken. Our comments on the Dodd-Frank Act highlight that the incoherent adoption of risk-based approach to regulation affects the effectiveness of the US regime for CCPs. Such a regime does not follow the pace of events of ‘innovation risk’; in particular, the foreseeable changes FinTech will bring to the OTCDM and central clearing services. The second inadequacy of the US regime concerns the dual regulatory structure of the CFTC and the SEC, and the inadequate adoption of different and not well-coordinated regulatory strategies. We also analyse the cross-border implications of the US regime for non-US CCPs that provide clearing services to US market participants. Finally, we study the negative effects of the absence of a clearly defined resolution regime for CCPs.
Download or read book SEC Docket written by United States. Securities and Exchange Commission and published by . This book was released on 2013 with total page 888 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Economics and Regulation of Digital Markets written by Frank Fagan and published by Emerald Group Publishing. This book was released on 2023-12-11 with total page 133 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presenting new findings and perspectives from leading international scholars on three critical areas of developing government policies: Digital markets and their regulation, the divergence of expert and public views on European democracy, and the effects of firing notification procedures on wage growth.
Download or read book The Federal Reserve System Purposes and Functions written by Board of Governors of the Federal Reserve System and published by . This book was released on 2002 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the international sphere, supervision and regulation, consumer and community affairs and services offered by Reserve Banks. Contains several appendixes, including a brief explanation of Federal Reserve regulations, a glossary of terms, and a list of additional publications.
Download or read book Political Economy of Transition written by Jozef M. van Brabant and published by Routledge. This book was released on 2012-11-12 with total page 574 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses the policy questions surrounding the challenge of transforming eastern European economies from their planned, administrative past to vibrant market-based entities. Jozef van Brabant considers in turn, the wider set of challenges facing these economies - stabilization, privatization, liberalization, institution building, and developing and maintaining the sociopolitical consensus - before examining the evolving role of the state. Using concrete examples from the eastern European countries throughout, including the Czech Republic and Bulgaria, this work systematically examines, in a society-wide context, the initial conditions of transformation, the policy tasks ahead and the manner in which policies have been pursued.
Download or read book The Governance of Telecom Markets written by Antonio Manganelli and published by Springer Nature. This book was released on 2020-11-03 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a critical comprehensive summary of the coevolution of telecom markets, rules and public institutions over the last 25 years, focusing on the challenges that regulators and policy makers have been facing. Even if the perspective of the book is European (as the EU regulatory framework is examined), most of the economic and institutional issues addressed are common to all telecom markets in advanced economies. The book addresses some traditional fundamental topics in the telecom regulation literature, as well as some hot-button topics in the current policy debate, e.g., ultrafast broadband and 5G networks, the relationship between investments and competition, the sector digitalisation and the role of OTTs. All these are relevant to students, researchers, and policy makers interested to get a sound understanding of the sector, its many dimensions and coevolutionary patterns.