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  • Principles of Financial Regulation

    Principles of Financial Regulation by Armour, John; Awrey, Dan; Davies, Paul;

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    A termék adatai:

    • Kiadó OUP Oxford
    • Megjelenés dátuma 2016. augusztus 4.

    • ISBN 9780198786474
    • Kötéstípus Keménykötés
    • Terjedelem698 oldal
    • Méret 251x187x43 mm
    • Súly 1388 g
    • Nyelv angol
    • 0

    Kategóriák

    Rövid leírás:

    Examining the subject from a holistic and multidisciplinary perspective, Principles of Financial Regulation considers the underlying policies and the objectives of financial regulation.

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    Hosszú leírás:

    The financial crisis of 2007-9 revealed serious failings in the regulation of financial institutions and markets, and prompted a fundamental reconsideration of the design of financial regulation. As the financial system has become ever-more complex and interconnected, the pace of evolution continues to accelerate. It is now clear that regulation must focus on the financial system as a whole, but this poses significant challenges for regulators. Principles of Financial Regulation describes how to address those challenges.

    Examining the subject from a holistic and multidisciplinary perspective, Principles of Financial Regulation considers the underlying policies and the objectives of regulation by drawing on economics, finance, and law methodologies. The volume examines regulation in a purposive and dynamic way by framing the book in terms of what the financial system does, rather than what financial regulation is. By analysing specific regulatory measures, the book provides readers to the opportunity to assess regulatory choices on specific policy issues and encourages critical reflection on the design of regulation.

    The book is a well-written composition that covers the major issues of financial regulation and provides a comprehensive picture of this complicated field in a clear and understandable manner. ... The book is a "must" for students in courses on financial regulation. However, it may be of use for a wider range of readers including academics (in law, business, public policy and economics), practitioners in the field and regulators. The book's thorough and profound analysis will unquestionably serve as an important tool in meeting the challenges of continued exploration of financial regulation.

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    Tartalomjegyzék:

    Introduction
    The Financial System
    The Goals and Strategies of Financial Regulation
    The Limits of Financial Regulation
    Theory of Financial Markets
    Market Structure
    Information Intermediaries
    Issuer Disclosure Regulation
    Trading and Market Integrity
    Regulating Consumer Finance
    Consumer Financial Products
    Financial Advice
    Theory of Banking
    Capital Regulation
    Liquidity Regulation
    Bank Resolution
    Bank Governance
    Payment and Settlement Systems
    The Macroprudential Approach
    Market Intermediation, Shadow Banking, and Systemic Risk
    Making Markets
    Asset Managers and Stability
    Structural Regulation
    Institutional Architecture: Embedding Regulatory Principles in Practice
    The Political Economy of Financial Regulation
    Supervision and Enforcement of Financial Regulation
    Regulatory Architecture: What Matters?
    International Regulatory Coordination
    Conclusion: Designing Tomorrow's Financial System Today

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