Reconceptualising Global Finance And Its Regulation

Reconceptualising Global Finance And Its Regulation Book in PDF, ePub and Kindle version is available to download in english. Read online anytime anywhere directly from your device. Click on the download button below to get a free pdf file of Reconceptualising Global Finance And Its Regulation book. This book definitely worth reading, it is an incredibly well-written.

Reconceptualising Global Finance and Its Regulation

Author : Ross P. Buckley,Emilios Avgouleas,Douglas W. Arner
Publisher : Unknown
Page : 467 pages
File Size : 45,5 Mb
Release : 2016
Category : Financial institutions
ISBN : 1316466116

Get Book

Reconceptualising Global Finance and Its Regulation by Ross P. Buckley,Emilios Avgouleas,Douglas W. Arner Pdf

"The current global financial system may not withstand the next global financial crisis. In order to promote the resilience and stability of our global financial system against future shocks and crises, a fundamental reconceptualisation of financial regulation is necessary. This reconceptualisation must begin with a deep understanding of how today's financial markets, regulatory initiatives and laws operate and interact at the global level. This book undertakes a comprehensive analysis of such diverse areas as regulation of financial stability, modes of supply of financial services, market infrastructure, fractional reserve banking, modes of production of global regulatory standards and of the pressing need to reform financial sector ethics and culture. Based on this analysis, Reconceptualising Global Finance and Its Regulation proposes realistic reform initiatives, which will be of primary interest to regulatory and banking legal practitioners, policy makers, scholars, research students and think tanks"--

Reconceptualising Global Finance and its Regulation

Author : Ross P. Buckley,Emilios Avgouleas,Douglas W. Arner
Publisher : Cambridge University Press
Page : 467 pages
File Size : 44,8 Mb
Release : 2016-03-11
Category : Law
ISBN : 9781316462607

Get Book

Reconceptualising Global Finance and its Regulation by Ross P. Buckley,Emilios Avgouleas,Douglas W. Arner Pdf

The current global financial system may not withstand the next global financial crisis. In order to promote the resilience and stability of our global financial system against future shocks and crises, a fundamental reconceptualisation of financial regulation is necessary. This reconceptualisation must begin with a deep understanding of how today's financial markets, regulatory initiatives and laws operate and interact at the global level. This book undertakes a comprehensive analysis of such diverse areas as regulation of financial stability, modes of supply of financial services, market infrastructure, fractional reserve banking, modes of production of global regulatory standards and the pressing need to reform financial sector ethics and culture. Based on this analysis, Reconceptualising Global Finance and its Regulation proposes realistic reform initiatives, which will be of primary interest to regulatory and banking legal practitioners, policy makers, scholars, research students and think tanks.

Global Financial Regulation

Author : Howard Davies,David Green
Publisher : John Wiley & Sons
Page : 180 pages
File Size : 45,5 Mb
Release : 2013-05-08
Category : Business & Economics
ISBN : 9780745655888

Get Book

Global Financial Regulation by Howard Davies,David Green Pdf

As international financial markets have become more complex, so has the regulatory system which oversees them. The Basel Committee is just one of a plethora of international bodies and groupings which now set standards for financial activity around the world, in the interests of protecting savers and investors and maintaining financial stability. These groupings, and their decisions, have a major impact on markets in developed and developing countries, and on competition between financial firms. Yet their workings are shrouded in mystery, and their legitimacy is uncertain. Here, for the first time, two men who have worked within the system describe its origins and development in clear and accessible terms. Howard Davies was the first Chairman of the UK's Financial Services Authority, the single regulator for the whole of Britain's financial sector. David Green was Head of International Policy at the FSA, after spending thirty years in the Bank of England, and has been closely associated with the development of the current European regulatory arrangements. Now with a revised and updated introduction, which catalogues the changes made since the credit crisis erupted, this guide to the international system will be invaluable for regulators, financial market practitioners and for students of the global financial system, wherever they are located. The book shows how the system has been challenged by new financial instruments and by new types of institutions such as hedge funds and private equity. Furthermore, the growth in importance of major developing countries, who were excluded for far too long from the key decision-making for a has led to a major overhaul. The guide is essential reading for all those interested in the development of financial markets and the way they are regulated. The revised version is only available in paperback.

Reconceptualising Global Finance and its Regulation

Author : Ross P. Buckley,Emilios Avgouleas,Douglas W. Arner
Publisher : Cambridge University Press
Page : 485 pages
File Size : 42,6 Mb
Release : 2016-03-11
Category : Law
ISBN : 9781107100930

Get Book

Reconceptualising Global Finance and its Regulation by Ross P. Buckley,Emilios Avgouleas,Douglas W. Arner Pdf

Taking stock of the 2008 global financial crisis, this book provides 'outside the box' solutions for reforming international financial regulation.

Principles of Banking Regulation

Author : Kern Alexander
Publisher : Cambridge University Press
Page : 497 pages
File Size : 42,9 Mb
Release : 2019-06-06
Category : Business & Economics
ISBN : 9781108427265

Get Book

Principles of Banking Regulation by Kern Alexander Pdf

Analyses banking regulation and recent international developments, including Basel IV, bank resolution and Brexit, and their impact on bank governance.

Global Finance at Risk

Author : John Eatwell,Lance Taylor
Publisher : The New Press
Page : 258 pages
File Size : 44,9 Mb
Release : 2001
Category : Business & Economics
ISBN : 9781565846388

Get Book

Global Finance at Risk by John Eatwell,Lance Taylor Pdf

Argues for a world financial authority with the power to establish worldwide, best-practice financial regulation and risk management, citing historical situations that were resolved by similar agencies. Reprint.

Global Finance in Crisis

Author : Eric Helleiner,Stefano Pagliari,Hubert Zimmermann
Publisher : Taylor & Francis
Page : 200 pages
File Size : 50,5 Mb
Release : 2010
Category : Business & Economics
ISBN : 9780415564373

Get Book

Global Finance in Crisis by Eric Helleiner,Stefano Pagliari,Hubert Zimmermann Pdf

From the vantage point of the key powers in global finance including the United States, the European Union, Japan, and China, this highly accessible book provides the first systematic analysis of the international regulatory response to the current financial crisis.

Regulation and the Global Financial Crisis

Author : Daniel Cash,Robert Goddard
Publisher : Routledge
Page : 223 pages
File Size : 54,6 Mb
Release : 2020-11-24
Category : Law
ISBN : 9780429576539

Get Book

Regulation and the Global Financial Crisis by Daniel Cash,Robert Goddard Pdf

The Financial Crisis was a cross-sector crisis that fundamentally affected modern society. Regulation, as a concept, was both blamed for allowing the crisis to happen, but also tasked with developing and implementing solutions in the wake of the crash. In this book, a number of specialists from a range of fields have contributed their insights into the effect of the Financial Crisis upon the regulatory frameworks affecting their fields, how regulators have responded to the Crisis, and then what this may mean for the future of regulation within those industries. These analyses are joined by a picture of past financial crises – which reveals interesting patterns – and then analyses of architectural regulatory models that were fundamentally affected by the Crisis. The book aims to allow sector specialists the freedom to share their insights so that, potentially, a broader picture can be identified. Providing an interesting and thought-provoking account of this societally impactful era, this book will help the reader develop a more informed understanding of the potential future of financial regulation. The book will be of value to researchers, students, advanced level students, regulators, and policymakers.

Global Governance of Financial Systems

Author : Kern Alexander,Rahul Dhumale,John Eatwell
Publisher : Oxford University Press on Demand
Page : 329 pages
File Size : 48,5 Mb
Release : 2006
Category : Business & Economics
ISBN : 9780195166989

Get Book

Global Governance of Financial Systems by Kern Alexander,Rahul Dhumale,John Eatwell Pdf

The book sets forth the economic rationale for international financial regulation and what role, if any, international regulation can play in effectively managing systemic risk while providing accountability to all affected nations. The book suggests that a particular type of global governance structure is necessary to have more efficient regulation of the international financial system.

The Regulatory Responses to the Global Financial Crisis: Some Uncomfortable Questions

Author : Stijn Claessens,Ms. Laura E. Kodres
Publisher : International Monetary Fund
Page : 39 pages
File Size : 47,5 Mb
Release : 2014-03-14
Category : Business & Economics
ISBN : 9781484336656

Get Book

The Regulatory Responses to the Global Financial Crisis: Some Uncomfortable Questions by Stijn Claessens,Ms. Laura E. Kodres Pdf

We identify current challenges for creating stable, yet efficient financial systems using lessons from recent and past crises. Reforms need to start from three tenets: adopting a system-wide perspective explicitly aimed at addressing market failures; understanding and incorporating into regulations agents’ incentives so as to align them better with societies’ goals; and acknowledging that risks of crises will always remain, in part due to (unknown) unknowns – be they tipping points, fault lines, or spillovers. Corresponding to these three tenets, specific areas for further reforms are identified. Policy makers need to resist, however, fine-tuning regulations: a “do not harm” approach is often preferable. And as risks will remain, crisis management needs to be made an integral part of system design, not relegated to improvisation after the fact.

The Regulation of International Financial Markets

Author : Rainer Grote,Thilo Marauhn
Publisher : Cambridge University Press
Page : 358 pages
File Size : 41,8 Mb
Release : 2006-02-16
Category : Law
ISBN : 9781139450348

Get Book

The Regulation of International Financial Markets by Rainer Grote,Thilo Marauhn Pdf

International financial relations have become increasingly important for the development of global and national economies. At present these relations are primarily governed by market forces, with little regulatory interference at the international level. In the light of numerous financial crises, this abstinence must be seriously questioned. Starting with an analysis of the regulatory problems at the international level, with only minimal powers entrusted to international organisations, this book develops various possibilities for reform. On the basis of an historical analysis, the book first adopts a comparative approach to national attempts to regulate international financial markets, then outlines the potential of relevant institutions and finally develops a policy perspective. It seeks to provide a framework for analysing options for the regulation of international financial markets from a public international law and comparative law perspective.

FinTech and RegTech in a Nutshell, and the Future in a Sandbox

Author : Douglas W. Arner,Jànos Barberis,Ross P. Buckley
Publisher : CFA Institute Research Foundation
Page : 20 pages
File Size : 54,8 Mb
Release : 2017-07-31
Category : Business & Economics
ISBN : 9781944960261

Get Book

FinTech and RegTech in a Nutshell, and the Future in a Sandbox by Douglas W. Arner,Jànos Barberis,Ross P. Buckley Pdf

The 2008 global financial crisis represented a pivotal moment that separated prior phases of the development of financial technology (FinTech) and regulatory technology (RegTech) from the current paradigm. Today, FinTech has entered a phase of rapid development marked by the proliferation of startups and other new entrants, such as IT and ecommerce firms that have fragmented the financial services market. This new era presents fresh challenges for regulators and highlights why the evolution of FinTech necessitates a parallel development of RegTech. In particular, regulators must develop a robust new framework that promotes innovation and market confidence, aided by the use of regulatory "sandboxes." Certain RegTech developments today are highlighting the path toward another paradigm shift, which will be marked by a reconceptualization of the nature of financial regulation.

Regulating Wall Street

Author : New York University Stern School of Business
Publisher : Wiley
Page : 0 pages
File Size : 45,8 Mb
Release : 2010-11-09
Category : Business & Economics
ISBN : 0470768770

Get Book

Regulating Wall Street by New York University Stern School of Business Pdf

Experts from NYU Stern School of Business analyze new financial regulations and what they mean for the economy The NYU Stern School of Business is one of the top business schools in the world thanks to the leading academics, researchers, and provocative thinkers who call it home. In Regulating Wall Street: The New Architecture of Global Finance, an impressive group of the Stern school’s top authorities on finance combine their expertise in capital markets, risk management, banking, and derivatives to assess the strengths and weaknesses of new regulations in response to the recent global financial crisis. Summarizes key issues that regulatory reform should address Evaluates the key components of regulatory reform Provides analysis of how the reforms will affect financial firms and markets, as well as the real economy The U.S. Congress is on track to complete the most significant changes in financial regulation since the 1930s. Regulating Wall Street: The New Architecture of Global Finance discusses the impact these news laws will have on the U.S. and global financial architecture.

The New International Financial System

Author : Douglas D Evanoff,Andrew G Haldane,George G Kaufman
Publisher : World Scientific
Page : 612 pages
File Size : 43,5 Mb
Release : 2015-10-27
Category : Business & Economics
ISBN : 9789814678346

Get Book

The New International Financial System by Douglas D Evanoff,Andrew G Haldane,George G Kaufman Pdf

' Ever since the Great Recession, the global financial regulatory system has undergone significant changes. But have these changes been sufficient? Have they created a new problem of over-regulation? Is the system currently in a better position than in the pre-Recession years, or have we not adequately addressed the basic causes of the financial crisis and resulting Great Recession? These were the questions and issues addressed in the seventeenth annual international banking conference held at the Federal Reserve Bank of Chicago in November 2014. In collaboration with the Bank of England, the theme of the conference was to examine the state of the new global financial system as it has evolved in response to significant market changes and regulatory reforms triggered by the global financial crisis. The papers from that conference are collected in this volume, with contributions from an international array of government officials, regulators, industry practitioners and academics. Contents:Special Addresses:Financial Entropy and the Optimality of Over-regulation (Alan S Blinder)Implementing the Regulatory Reform Agenda: The Pitfall of Myopia (Stefan Ingves)A Financial System Perspective on Central Clearing of Derivatives (Jerome H Powell)Regulatory and Market Response to the Financial Crisis — Banking:Shadow Banking in China (Andrew Sheng)Fed Liquidity Policy during the Financial Crisis: Playing For Time (Robert Eisenbeis and Richard Herring)Europe''s Banking Union: Status and Prospects (Nicolas Véron)Regulatory and Market Response to the Financial Crisis — Capital Markets:Capital Market Regulation in Japan after the Global Financial Crisis (Takeo Hoshi and Ayako Yasuda)Systemic Risk and Public Institutions: Evolving Perspectives from the Financial Crisis (Chester Spatt)Securities Regulation During and After the 2008 Financial Crisis (Jennifer E Bethel and Erik R Sirri)Regulatory Reform, its Possible Market Consequences and the Case of Securities Financing (David Rule)Resolving Systemically Important Financial Institutions and Markets:A Critical Evaluation of Bail-in as a Bank Recapitalization Mechanism (Charles Goodhart and Emilios Avgouleas)Resolving Systemically Important Financial Institutions and Markets (Adam Ketessidis)The Role of Bankruptcy in Resolutions (Kenneth E Scott)The Single Point of Entry Resolution Strategy and Market Incentives (James R Wigand)Transitional Impact of the Reforms on the Financial Sector:Model Risk and the Great Financial Crisis: The Rise of Modern Model Risk Management (Jeffrey A Brown, Brad McGourty and Til Schuermann)Banking in a Re-Regulated World (Luc Laeven)Financial Reform in Transition (Philipp Hartmann)Transitional Impact of the Reforms on the Real Sector:The Jury Is In (Stephen G Cecchetti)Regulations, Reforms, and the Real Sector (Martin Čihák)Financial Fragmentation, Real-sector Lending, and the European Banking Union (Giovanni Dell''Ariccia)New Capital and Liquidity Requirements: Transitional Effects on the Economy (Douglas J Elliott)Long-term Cumulative Steady State Outcome of Reforms — Future Concerns?:Some Effects of Capital Regulation When There are Competing, Nonbank Lenders (Mark J Flannery)The Steady State of the Banking Union (Dirk Schoenmaker)Resolving Systemically Important Entities: Lessons from the Government Sponsored Enterprises (Mark Calabria)Policy Panel — Where to from Here?:Assessing the Overall Impact of Financial Reforms (Svein Andresen)Financial Regulation: Where to From Here? (Vitor Constâncio)Where To From Here?: Financial Regulation 2.0 (Andrew W Lo)Key Fragilities of the Financial System (Randall S Kroszner)Where to From Here for Financial Regulatory Policy?: Analyzing Housing Finance (David Scharfstein) Readership: Advanced economics, finance and policy undergraduates and postgraduates; finance professionals; policy makers and researchers who are interested in financial systems and analysis of regulations put into place post-Recession. Keywords:Financial Stability;Systemic Risk;Financial Regulation;Too-Big-to-Fail;Regulatory Burden;Financial Institutions'

The Foundations and Future of Financial Regulation

Author : Mads Andenas,Iris H-Y Chiu
Publisher : Routledge
Page : 492 pages
File Size : 49,6 Mb
Release : 2013-11-20
Category : Law
ISBN : 9781135043360

Get Book

The Foundations and Future of Financial Regulation by Mads Andenas,Iris H-Y Chiu Pdf

Financial regulation has entered into a new era, as many foundational economic theories and policies supporting the existing infrastructure have been and are being questioned following the financial crisis. Goodhart et al’s seminal monograph "Financial Regulation: Why, How and Where Now?" (Routledge:1998) took stock of the extent of financial innovation and the maturity of the financial services industry at that time, and mapped out a new regulatory roadmap. This book offers a timely exploration of the "Why, How and Where Now" of financial regulation in the aftermath of the crisis in order to map out the future trajectory of financial regulation in an age where financial stability is being emphasised as a key regulatory objective. The book is split into four sections: the objectives and regulatory landscape of financial regulation; the regulatory regime for investor protection; the regulatory regime for financial institutional safety and soundness; and macro-prudential regulation. The discussion ranges from theoretical and policy perspectives to comprehensive and critical consideration of financial regulation in the specifics. The focus of the book is on the substantive regulation of the UK and the EU, as critical examination is made of the unravelling and the future of financial regulation with comparative insights offered where relevant especially from the US. Running throughout the book is consideration of the relationship between financial regulation, financial stability and the responsibility of various actors in governance. This book offers an important contribution to continuing reflections on the role of financial regulation, market discipline and corporate responsibility in the financial sector, and upon the roles of regulatory authorities, markets and firms in ensuring the financial health and security of all in the future.