Regulating (From) the Inside: The Legal Framework for Internal Control in Banks and Financial Institutions - Softcover

Chiu, Iris H-Y

 
9781509920099: Regulating (From) the Inside: The Legal Framework for Internal Control in Banks and Financial Institutions

Synopsis

This book examines a key aspect of the post-financial crisis reform package in the EU and UK-the ratcheting up of internal control in banks and financial institutions. The legal framework for internal controls is an important part of prudential regulation, and internal control also constitutes a form of internal gate-keeping for financial firms so that compliance with laws and regulations can be secured. This book argues that the legal framework for internal control, which is a form of meta-regulation, is susceptible to weaknesses, and such weaknesses are critically examined by adopting an interdisciplinary approach. The book discusses whether post-crisis reforms adequately address the weaknesses in regulating internal control and proposes an alternative strategy to enhance the 'governance' effectiveness of internal control.

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About the Author

Iris H-Y Chiu is Professor of Corporate Law and Financial Regulation at University College London, UK.

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Other Popular Editions of the Same Title

9781849465250: Regulating (From) the Inside: The Legal Framework for Internal Control in Banks and Financial Institutions

Featured Edition

ISBN 10:  1849465258 ISBN 13:  9781849465250
Publisher: Hart Publishing, 2015
Hardcover