The Future of Financial Regulation

ISBN 10: 1841139106 / ISBN 13: 9781841139104

Published by Hart Publishing, 2010

About this Item

Ancien livre de bibliothèque avec équipements. Edition 2010. Livre reconditionné de bibliothèque. Ammareal reverse jusqu'à 15% du prix net de cet article à des organisations caritatives. ENGLISH DESCRIPTION Book Condition: Used, Very good. Former library book. Edition 2010. Refurbished library book. Ammareal gives back up to 15% of this item's net price to charity organizations.

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Bibliographic Details

• Title: The Future of Financial Regulation
• Publisher: Hart Publishing
• Publication Date: 2010
• Language: English
• ISBN 10: 1841139106
• ISBN 13: 9781841139104
• Binding: Softcover
• Condition: Très bon

About this title

Synopsis

The Future of Financial Regulation is an edited collection of papers presented at a major conference at the University of Glasgow in spring 2009, co-sponsored by the Economic and Social Research Council World Economy and Finance Programme and the the Australian Research Council Governance Research Network. It draws together a variety of different perspectives on the international financial crisis which began in August 2007 and later turned into a more widespread economic crisis following the collapse of Lehman Brothers in the autumn of 2008. Spring 2009 was in many respects the nadir since valuations in financial markets had reached their low point and crisis management rather than regulatory reform was the main focus of attention. The conference and book were deliberately framed as an attempt to re-focus attention from the former to the latter.

The first part of the book focuses on the context of the crisis, discussing the general characteristics of financial crises and the specific influences that were at work this time round. The second part focuses more specifically on regulatory techniques and practices implicated in the crisis, noting in particular an over-reliance on the capacity of regulators and financial institutions to manage risk and on the capacity of markets to self-correct. The third part focuses on the role of governance and ethics in the crisis and in particular the need for a common ethical framework to underpin governance practices and to provide greater clarity in the design of accountability mechanisms. The final part focuses on the trajectory of regulatory reform, noting the considerable potential for change as a result of the role of the state in the rescue and recuperation of the financial system and stressing the need for fundamental re-appraisal of business and regulatory models.

About the Author

Iain G MacNeil is the Alexander Stone Professor of Commercial Law at the University of Glasgow.
Justin O'Brien is a Professor of Law at the University of New South Wales, Sydney.