The regulatory aftermath of the global financial crisis / Eilís Ferran [and others] ; with a foreword by Ethiopis Tafara.

Format:

Book

Author/Creator:

Ferran, Eilís, author.

Series:

International corporate law and financial market regulation.

International corporate law and financial market regulation

Language:

English

Subjects (All):

Financial institutions--Law and legislation--United States.

Financial institutions.

Financial institutions--Law and legislation--European Union countries.

Financial institutions--Law and legislation--Australia.

Financial services industry--Law and legislation--United States.

Financial services industry.

Financial services industry--Law and legislation--European Union countries.

Financial services industry--Law and legislation--Australia.

Physical Description:

1 online resource (xxxix, 391 pages) : digital, PDF file(s).

Edition:

1st ed.

Place of Publication:

Cambridge : Cambridge University Press, 2012.

Language Note:

English

Summary:

The EU and the US responded to the global financial crisis by changing the rules for the functioning of financial services and markets and by establishing new oversight bodies. With the US Dodd-Frank Act and numerous EU regulations and directives now in place, this book provides a timely and thoughtful explanation of the key elements of the new regimes in both regions, of the political processes which shaped their content and of their practical impact. Insights from areas such as economics, political science and financial history elucidate the significance of the reforms. Australia's resilience during the financial crisis, which contrasted sharply with the severe problems that were experienced in the EU and the US, is also examined. The comparison between the performances of these major economies in a period of such extreme stress tells us much about the complex regulatory and economic ecosystems of which financial markets are a part.

Contents:

Crisis-driven regulatory reform: where in the world is the EU going? / Eilís Ferran

The legacy effects of the financial crisis on regulatory design in the EU / Niamh Moloney

Why did Australia fare so well in the global financial crisis? / Jennifer G. Hill

The political economy of Dodd-Frank: why financial reform tends to be frustrated and systemic risk perpetuated / John C. Coffee, Jr.

Notes:

Title from publisher's bibliographic system (viewed on 05 Oct 2015).

Includes bibliographical references and index.

ISBN:

1-139-85414-3

1-107-23615-0

1-139-84032-0

1-139-17582-3

1-139-84270-6

1-139-84594-2

1-139-84506-3

1-283-74663-8

1-139-84151-3

OCLC:

822031807