Gałkiewicz, Dominika P. - In: Credit and Capital Markets – Kredit und Kapital 49 (2016) 2, pp. 245-298
are able to circumvent the direct leverage restrictions, which limit bank borrowing to 10 % and 33.3 % of net assets in … Germany / the EU and the U.S., respectively, by using derivatives, such as CDS, and inflate overall leverage to levels that … umgekehrt unbemerkt). Folglich können Fonds die Leverage-Regeln, die es vorsehen, dass Kreditaufnahmen in Deutschland / der EU …