Fiesenig, Bruno ; Grebe, Leonard ; Schiereck, Dirk (2024)
Financial center expertise, investors’ expectations and the new European anti-money laundering authority.
In: Economics Letters, Volume 239 (111738)
doi: 10.1016/j.econlet.2024.111738
Artikel, Bibliographie
Kurzbeschreibung (Abstract)
The decision to establish the European authority for anti-money laundering and counter-terrorism financing (AMLA) in Frankfurt sets the stage for a natural experiment, offering insight into how the decision for the AMLA headquarter location and the future proximity to regulatory oversight influence the market value of financial institutions. Our results show that, while the introduction of a regulatory institution in Europe appears to have a significant positive impact on European markets, this effect, however, appears to be mitigated in countries directly affected by the decision of the geographical location of the new founded authority.
| Typ des Eintrags: | Artikel |
|---|---|
| Erschienen: | 2024 |
| Autor(en): | Fiesenig, Bruno ; Grebe, Leonard ; Schiereck, Dirk |
| Art des Eintrags: | Bibliographie |
| Titel: | Financial center expertise, investors’ expectations and the new European anti-money laundering authority |
| Sprache: | Deutsch |
| Publikationsjahr: | Juni 2024 |
| Titel der Zeitschrift, Zeitung oder Schriftenreihe: | Economics Letters |
| Jahrgang/Volume einer Zeitschrift: | Volume 239 |
| (Heft-)Nummer: | 111738 |
| DOI: | 10.1016/j.econlet.2024.111738 |
| URL / URN: | https://www.sciencedirect.com/science/article/pii/S016517652... |
| Kurzbeschreibung (Abstract): | The decision to establish the European authority for anti-money laundering and counter-terrorism financing (AMLA) in Frankfurt sets the stage for a natural experiment, offering insight into how the decision for the AMLA headquarter location and the future proximity to regulatory oversight influence the market value of financial institutions. Our results show that, while the introduction of a regulatory institution in Europe appears to have a significant positive impact on European markets, this effect, however, appears to be mitigated in countries directly affected by the decision of the geographical location of the new founded authority. |
| Fachbereich(e)/-gebiet(e): | 01 Fachbereich Rechts- und Wirtschaftswissenschaften 01 Fachbereich Rechts- und Wirtschaftswissenschaften > Betriebswirtschaftliche Fachgebiete 01 Fachbereich Rechts- und Wirtschaftswissenschaften > Betriebswirtschaftliche Fachgebiete > Fachgebiet Unternehmensfinanzierung |
| Hinterlegungsdatum: | 15 Mai 2024 17:46 |
| Letzte Änderung: | 15 Mai 2024 17:46 |
| PPN: | |
| Export: | |
| Suche nach Titel in: | TUfind oder in Google |
 |
Frage zum Eintrag |
Optionen (nur für Redakteure)
 |
Redaktionelle Details anzeigen |
Drucken
Impressum