Search Results for international-finance-regulation

This book covers the essential principles of the regulation of international finance.

Author: Philip R. Wood

Publisher:

ISBN: 0414044738

Category:

Page:

View: 494

DOWNLOAD & READ
This book covers the essential principles of the regulation of international finance. The regulatory regimes of the UK, US and EU are considered in detail, alongside surveys of the regimes in 200 jurisdictions worldwide. The author sets out a comprehensive analysis of the history, development, principles and policies of financial regulation.
2018-10-31 By Philip R. Wood

ÔThe publication of this book could hardly be more timely; it fills a gap in present-day discussion of the reasons for the recent ongoing financial crises, and who was responsible.

Author: Fabrizio Cafaggi

Publisher: Edward Elgar Publishing

ISBN: 9780857939487

Category: Business & Economics

Page: 224

View: 568

DOWNLOAD & READ
ÔThe publication of this book could hardly be more timely; it fills a gap in present-day discussion of the reasons for the recent ongoing financial crises, and who was responsible. The balance between the governance and regulation of the international finance market underpins how securely we proceed into the future. At a time when sovereign defaults dominate public discussion, this issue is of quintessential importance. The editors are to be congratulated for this important publication.Õ Ð Christoph Paulus, Humbolt University of Berlin, Germany This thought-provoking book adds a new perspective to the analysis of how regulation should respond to the global financial crisis of 2008Ð2009. It focuses on the ÔprivateÕ as opposed to ÔpublicÕ aspect of regulation, and highlights the works of the publicÐprivate dialectic in regulation and enforcement. The expert authors examine what is perhaps the single most important sector in which public and private regulation and enforcement intersect: the arena of banking and global finance. The detailed analysis of these particular areas of finance thus provides a means for investigating aspects of the important topic of private regulation and enforcement in financial markets. A number of pertinent questions are addressed, including: How does private regulation and enforcement enhance or detract from the legitimacy of the process by which these market segments are managed and controlled? How does private regulation and enforcement manifest independence of action and judgment, as compared with public regulation? How does private regulation and enforcement measure up along dimensions of quality, relative to public regulation? and, finally, What forms of accountability characterize private as opposed to public regulation and enforcement? Illustrating the works of the publicÐprivate dialectic in regulation and enforcement, this challenging book will prove a fascinating read for academics, scholars and practitioners with an interest in regulation and governance issues, and in financial and banking law.

Intended for solicitors in commercial practice, in-house counsel of banks and other financial institutions, merchant and investment bankers, and post-graduate students, this book considers the legal aspects of the principal financial and ...

Author: Ravi C. Tennekoon

Publisher: Butterworth-Heinemann

ISBN: STANFORD:36105060915134

Category: Banques internationales - Droit

Page: 490

View: 613

DOWNLOAD & READ
Intended for solicitors in commercial practice, in-house counsel of banks and other financial institutions, merchant and investment bankers, and post-graduate students, this book considers the legal aspects of the principal financial and loan instruments of international finance - their construction, marketing and administration. The analysis includes coverage of the Financial Services Act 1986, the Contracts (Applicable Law) Act 1990 (the EC Rome Convention) and the new United States Regulation 5.

In the book, he explores international regulation with topics such as: • Laws, regulations, and risks of overregulation • Transformation of the U.S. market and creation of the Eurozone • Development of a global framework and stability ...

Author: Georges Ugeux

Publisher: John Wiley & Sons

ISBN: 9781118829615

Category: Business & Economics

Page: 240

View: 918

DOWNLOAD & READ
As the global market expands, the need for internationalregulation becomes urgent Since World War II, financial crises have been the result ofmacroeconomic instability until the fatidic week end of September15 2008, when Lehman Brothers filed for bankruptcy. The financialsystem had become the source of its own instability through acombination of greed, lousy underwriting, fake ratings andregulatory negligence. From that date, governments tried to puttogether a new regulatory framework that would avoid using taxpayermoney for bailout of banks. In an uncoordinated effort, theyproduced a series of vertical regulations that are disconnectedfrom one another. That will not be sufficient to stop finance frombeing instable and the need for international and horizontalregulation is urgent. This challenge is the focus of GeorgesUgeux’s book. International Finance Regulation: The Quest for FinancialStability focuses on the inspirations behind regulation, andexamines the risks and consequences of fragmentation on a globalscale. Author Georges Ugeux has four decades of experience in thelegal and economic aspects of international business operations. Hecreated and run the New York Stock Exchange’sinternationalgroup in charge of developing the NYSE’s reach to non-UScompanies, including relationships with regulators and governments. Ugeux teaches European Banking and Finance of the ColumbiaUniversity School of Law. Ugeux is uniquely positioned to providerecommendations and suggestions from the perspective of a topglobal authority. In the book, he explores international regulationwith topics such as: • Laws, regulations, and risks of overregulation • Transformation of the U.S. market and creation of theEurozone • Development of a global framework and stability of thebanking system • In-depth examination of Basel III, the Dodd-Frank Act, theEuropean Banking Union, and the Volcker Rule The book also contains case studies from real-world scenarioslike Lehman, CDS, Greece, the London Whale, and Libor to illustratethe concepts presented. Finance consistently operates within anincreasingly global paradigm, and an overarching regulation schemeis becoming more and more necessary for sustainable growth.International Finance Regulation: The Quest for FinancialStability presents an argument for collaboration toward acomprehensive global regulation strategy.
2014-06-04 By Georges Ugeux

The answer, this challenging book shows, is that international financial law suffers from a persistent lack of judicial or quasi-judicial enforcement mechanisms, leaving flaws in the structure of the international financial system that lead ...

Author: Uzma Ashraf Barton

Publisher: Kluwer Law International B.V.

ISBN: 9789041189189

Category: Law

Page: 280

View: 516

DOWNLOAD & READ
Why have financial standards and institutions almost always failed to effectively predict and respond to real-world financial crises? The answer, this challenging book shows, is that international financial law suffers from a persistent lack of judicial or quasi-judicial enforcement mechanisms, leaving flaws in the structure of the international financial system that lead inevitably to excesses that threaten the public good of global financial stability. The author, an internationally renowned legal expert on financial and fiscal reforms, responds to the increasingly urgent call for rethinking the structure and the functioning of international financial law. Centering on the concept of enforcement – which continues to be an unresolved issue in the discipline of international financial law – the analysis describes the likely contours of hard-law regulatory reform. It weighs the pros and cons of much-talked-about regulatory and policy issues like the following and more: – policy implications from the transformation of finance from a domestic to an international concept; – new or revised supervisory and regulatory bodies with redefined mandate, jurisdictions and powers; – possibility of a treaty-based structure similar to the European Union’s integration framework; and – consolidation of crisis-prevention and crisis-management policies; The analysis takes into account instances from trade and monetary systems pertinent to the development of the discipline of international financial law. A concluding chapter explores possibilities for putting in place an asset-backed resilient financial system based on risk-sharing and empowered to legislate reform and authorized to seek compliance from its members. With its provision of unconventional alternatives for further development of international financial law to realize stable, predictable and robust international markets – including early-warning systems and fully primed crisis-prevention mechanisms – the book explores the essential link between global financial stability, effective regulation and institutional development that will engender realistic global policy solutions. It will prove to be of great importance to regulatory and legal practitioners as well as to academic and think-tank scholars.
2016-04-24 By Uzma Ashraf Barton

Author: Hal S. Scott

Publisher:

ISBN: STANFORD:36105060469561

Category: Banks and banking, International

Page: 1179

View: 743

DOWNLOAD & READ
1996 By Hal S. Scott

This Handbook will provide a unique and fully up-to-date resource for all those with an interest in this critical issue including academic researchers in finance and regulation, practitioners working in the industry and those involved with ...

Author: Kern Alexander

Publisher: Edward Elgar Publishing

ISBN: 9780857930453

Category: Law

Page: 464

View: 376

DOWNLOAD & READ
The globalisation of financial markets has attracted much academic and policymaking commentary in recent years, especially with the growing number of banking and financial crises and the current credit crisis that has threatened the stability of the global financial system. This major new Research Handbook sets out to address some of the fundamental issues in financial regulation from a comparative and international perspective and to identify some of the main research themes and approaches that combine economic, legal and institutional analysis of financial markets. Specially commissioned contributions represent diverse viewpoints on the financial regulation debate and cover a number of new and controversial topics not yet adequately addressed in the literature. Specifically, these include; financial innovation particularly in the context of the credit risk transfer market, securitization and the systemic importance of the over-the-counter trading markets; the institutional structure of international financial regulation; and risk management and corporate governance of financial institutions. This Handbook will provide a unique and fully up-to-date resource for all those with an interest in this critical issue including academic researchers in finance and regulation, practitioners working in the industry and those involved with regulation and policy.
2012 By Kern Alexander

This book is an updated collection of papers first published in the Special Edition of the Journal of International Economic Law on 'The Quest for International Law in Financial Regulation and Monetary Affairs' (Volume 12, Number 3, ...

Author: Thomas Cottier

Publisher: OUP Oxford

ISBN: 9780191645211

Category: Law

Page: 470

View: 187

DOWNLOAD & READ
The early twenty-first century has seen a conspicuous absence of formal international law concerning money and finance. This book argues that this lack of formal international regulation was a significant contributing factor to the global financial crisis that began in 2007. It focuses on this lack of global substantive principles and 'hard law' rules in the field of financial regulation and monetary affairs, and analyses the emerging framework within international law that aims to govern financial institutions and markets. The global financial crisis has demonstrated the essential need for financial and monetary regulatory reform, and for the establishment of appropriate mechanisms for the settlement of financial disputes and for the regulation of cross-border financial institutions. This book therefore presents the foundations of solutions that could fill these critical gaps in international financial law. It addresses cross-border issues, financial regulation, and provides detailed analyses of monetary policies and regulation. This book is an updated collection of papers first published in the Special Edition of the Journal of International Economic Law on 'The Quest for International Law in Financial Regulation and Monetary Affairs' (Volume 12, Number 3, September 2010), which also show that the regulatory hands-off approach was not replicated in other areas of international economic law. International trade regulation witnessed an increased number of international rules and the reinforcement of a rule-oriented, if not rule-based, approach. Judicial dispute settlement and retaliation, exclusively based upon international ruling and authorization, was reinforced. Given the importance of trade regulation and WTO law, which has an established institutional and legal framework, the book therefore provides a much-needed comparative approach.
2012-10-04 By Thomas Cottier

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 brings together leading scholars to examine current changes in international financial ...

Author: Eric Helleiner

Publisher: Routledge

ISBN: 9781135157616

Category: Business & Economics

Page: 216

View: 333

DOWNLOAD & READ
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 brings together leading scholars to examine current changes in international financial regulation. They assess whether the flurry of ambitious initiatives to improve and strengthen international financial regulation signals an important turning point in the regulation of global finance. The text: Examines the kinds of international reforms have been implemented to date and patterns of international regulatory change. Provides an analysis of change across a number of financial sectors, including the regulation of hedge funds, derivatives, credit rating agencies, accounting, and banks. Offers an explanation of contemporary regulatory developments with reference to inter-state power dynamics, domestic politics, transgovernmental networks, and/or transnational non-state forces. Providing the first systematic analysis of the international regulatory response to the current global financial crisis, this ground-breaking volume is vital reading for students and scholars of international political economy, international relations, global governance, finance and economics.
2010-01-21 By Eric Helleiner

This has included the enactment of the Dodd-Frank Act in the US, and the programme to split the Financial Services Authority in the UK. This book examines the institutional structure reform of financial regulation from a comparative ...

Author: Robin Hui Huang

Publisher: Routledge

ISBN: 9781317910640

Category: Business & Economics

Page: 262

View: 449

DOWNLOAD & READ
In light of on-going global financial crises, the institutional structure of financial regulation is currently a subject of significant academic and practical interest. The financial crisis has called into question the adequacy of financial regulation at the national and supranational levels, and has instigated financial regulatory reforms in major markets overseas. This has included the enactment of the Dodd-Frank Act in the US, and the programme to split the Financial Services Authority in the UK. This book examines the institutional structure reform of financial regulation from a comparative perspective, exploring both fundamental theories and international experiences. The book explores the three main institutional structures of financial regulation in the world; the sectors-based model, adopted in the US, Mainland China and Hong Kong; the twin-peaks model with Australia and the Netherlands as its pioneers; and the single-regulator model as represented by the former Financial Services Authority in the UK and the Financial Services Agency in Japan. The book contains contributions from renowned experts in the field of financial regulation including Douglas Arner, Jeffrey Carmichael, Robin Hui Huang, Dirk Schoenmaker, and Michael Taylor, and will be of interest to students and researchers of banking and finance law, and comparative economics.
2014-06-20 By Robin Hui Huang

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 ...

Author: Ross P. Buckley

Publisher: Cambridge University Press

ISBN: 9781316462607

Category: Law

Page: 467

View: 300

DOWNLOAD & READ
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.
2016-03-11 By Ross P. Buckley

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.

Author: Kern Alexander

Publisher: Oxford University Press

ISBN: 9780195166989

Category: Business & Economics

Page: 320

View: 539

DOWNLOAD & READ
This book analyses the current international legal and regulatory framework for controlling systemic risk in global financial markets. It suggests that current efforts at international regulation are inefficient, fragmented, and lack political legitimacy. The current structure of international financial regulation fails to manage systemic risk in an efficient manner that promotes adequate economic growth and political accountability amongst nations. This book sets forth the economic rationale for international financial regulation and what role, if any, international regulation can play in more effectively managing systemic risk and providing more accountability for states subject to such regulation.
2006 By Kern Alexander

This work comprises of a review of title finance with summaries of documents and precedents. It includes finance leases and sale and repurchase agreements, and chapters on the techniques of securitization.

Author: Hal S. Scott

Publisher:

ISBN: OCLC:851007292

Category:

Page: 856

View: 467

DOWNLOAD & READ
2008 By Hal S. Scott

This book presents a powerful indictment of this regulatory failure and calls for greatly increased attention to international financial law and analyses new regulatory measures with the potential to make a new recognition of the principles ...

Author: Ross P. Buckley

Publisher: Kluwer Law International B.V.

ISBN: 9789041133540

Category: Business & Economics

Page: 332

View: 723

DOWNLOAD & READ
The global financial system has proven increasingly unstable and crisis-prone since the early 1980s. The system has failed to serve either creditors or debtors well. This has been reinforced by the global financial crisis of 2008, where we have seen systemic weaknesses bring rich countries to the brink of bankruptcy and visit appalling suffering on the poorest citizens of poor countries. Yet the regulatory responses to this crisis have involved little thinking from outside the box in which the crisis was delivered to the world. This book presents a powerful indictment of this regulatory failure and calls for greatly increased attention to international financial law and analyses new regulatory measures with the potential to make a new recognition of the principles that ought to underlie it. Using a historical approach that compares the various financial crises of the past three decades, the authors clearly show how misconceived economic policy responses have paved the way for each next 'crash'. Among the numerous topics that arise in the course of this revealing analysis are the following: overvalued exchange rates; excess liquidity in rich countries; premature liberalisation of local financial markets; capital controls; derivatives markets; accounting standards; credit ratings and the conflicts in the role of credit rating agencies; investor protection arrangements; insurance companies; and payment, clearing and settlement activities. The authors offer detailed commentary on: the role of multilateral development banks, the IMF and the WTO in responding to crises; the role of the Basel Accords, the Financial Stability Forum and Board, and the responses of the European Commission, the US, and the G20 to the most recent crisis. The book concludes by exploring systemic game-changing reforms such as bank levies, financial activities taxes and financial transaction taxes, and a global sovereign bankruptcy regime; as well as measures to remove the currency mismatches from the balance sheets of developing countries. Apart from its great usefulness as a detailed introduction to the international financial system and its regulation, the book is enormously valuable for its clear identification of the areas of regulatory failure, and its analysis of new regulatory approaches that offer the potential for a genuinely more stable system. Banking and investment policymakers at every level, the lawyers that serve these markets and the regulators that seek to regulate them, cannot afford to neglect this book.
2011-01-01 By Ross P. Buckley

Author: United States. General Accounting Office

Publisher:

ISBN: UIUC:30112033973642

Category: Investments, Foreign

Page: 45

View: 407

DOWNLOAD & READ

Examines the law and policy of financial regulation using a combination of conceptual analysis and strong empirical research.

Author: Emilios Avgouleas

Publisher: Cambridge University Press

ISBN: 9781108470360

Category: Business & Economics

Page: 496

View: 269

DOWNLOAD & READ
Examines the law and policy of financial regulation using a combination of conceptual analysis and strong empirical research.
2019-01-31 By Emilios Avgouleas

This work focuses on the major financing transactions in the international financial markets - the international syndicated loan, the international bond issue, the Medium Term Note programme, the euro-commercial paper programme and the ...

Author: Ravi C. Tennekoon

Publisher: MICHIE

ISBN: 0406081581

Category:

Page: 648

View: 533

DOWNLOAD & READ
This work focuses on the major financing transactions in the international financial markets - the international syndicated loan, the international bond issue, the Medium Term Note programme, the euro-commercial paper programme and the global depository receipt issue. The book also contains a section on the OTC derivatives market, focusing on swaps and options. There is also a detailed analysis of both US and UK securities regulation, as well as references to relevant European Union directives. The book covers important legal areas such as the governing law in international finance and the legal structure of international clearance systems in international finance.

This nineteenth edition on international finance includes the continuing responses to the 2007-2009 global financial crisis and the ongoing Eurozone crisis, and reflects the reality of the Dodd-Frank Act, which has spawned hundreds of rule ...

Author: Hal S. Scott

Publisher: Foundation Press

ISBN: 1609301854

Category: Law

Page: 1464

View: 794

DOWNLOAD & READ
This nineteenth edition on international finance includes the continuing responses to the 2007–2009 global financial crisis and the ongoing Eurozone crisis, and reflects the reality of the Dodd-Frank Act, which has spawned hundreds of rule-making proceedings. Chapter 2 now deals with the newly enacted Jumpstart Our Business Startups (JOBS) Act of 2012. Chapter 5 deals with the Euro and Eurozone crisis, the multiple responses to which have been the major focus of international finance in the past year. Chapter 7 discusses the continued formation and implementation of the Basel III rules, as well as the expanding use of stress tests. Chapter 15 addresses the vast regulatory changes in regulation for the over-the-counter derivatives market. Chapter 16 deals with new regulatory proposals for money market and hedge funds.
2012 By Hal S. Scott

This is a much-needed work in the financial literature, and it is the first book ever to analyse the use of Special Purpose Acquisition Companies (SPACs) from a theoretical and practical perspective.

Author: DANIELE. D'ALVIA

Publisher:

ISBN: 036760986X

Category:

Page:

View: 831

DOWNLOAD & READ
2021-11-30 By DANIELE. D'ALVIA

Reinventing Financial Regulation offers an analysis of the fundamental flaws that plague the current system of financial regulation, one built around ideas of "risk-sensitivity" and "capital adequacy.

Author: Avinash Persaud

Publisher: Apress

ISBN: 9781430245582

Category: Business & Economics

Page: 276

View: 718

DOWNLOAD & READ
Reinventing Financial Regulation offers an analysis of the fundamental flaws that plague the current system of financial regulation, one built around ideas of "risk-sensitivity" and "capital adequacy." Author Avinash Persaud argues that while some sensible reforms have been introduced, a fresh approach—centered on risk capacity—is required. When the entire regime is compromised, simply slapping bandages on each new wound will do nothing to cure the underlying disease. Reinventing Financial Regulation goes beyond an urgent call to fix our profoundly troubled and damaged financial markets. It is a blueprint for an effective financial regulation system that could very well save the future of finance. What would a well-regulated financial system look like? Until now, policymakers, financial experts, and leading academics have been content to avoid facing this question head–on. We have been offered piecemeal reforms that ultimately leave the global financial system exposed to different versions of the same risks that so recently brought it to its knees. The world economy literally cannot afford to dodge this question any longer. Persaud's goal to bring clarity and a powerful simplicity to the financial regulation process results in a systematic and apolitical framework for fixing the world's fractured financial industry and transforming its regulation—not just for today's financial climate, but once and for all.
2015-06-22 By Avinash Persaud

Best Books