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

Chiu, Iris H-Y

ISBN 10: 1509920099 / ISBN 13: 9781509920099

Published by Hart Publishing, 2018

About this Item

360 pages. 9.21x6.06x0.87 inches. In Stock.

Seller Inventory # x-1509920099

Bibliographic Details

• Title: Regulating From the Inside: The Legal Framework for Internal Control in Banks and Financial Institutions
• Publisher: Hart Publishing
• Publication Date: 2018
• Language: English
• ISBN 10: 1509920099
• ISBN 13: 9781509920099
• Binding: Paperback
• Condition: Brand New
• Weight: 0.56 kilograms

About this title

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.

About the Author

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