Today, Joel Michaels explains how the "risk-weights" that regulators apply to a bank's balance sheet are not neutral assessments of actuarial risk, but rather policy choices to encourage (or discourage) lending to particular sectors.

An LPE masterclass (by a law student) in what you can learn when you look under the hood of ostensibly neutral financial rules.

https://lpeproject.org/blog/risk-taking-banking-in-the-shadow-of-svb/