Reconceptualising Global Finance and its Regulation
Author | : Ross P. Buckley |
Publisher | : Cambridge University Press |
Total Pages | : 467 |
Release | : 2016-03-11 |
ISBN-10 | : 9781316462607 |
ISBN-13 | : 1316462609 |
Rating | : 4/5 (07 Downloads) |
Download or read book Reconceptualising Global Finance and its Regulation written by Ross P. Buckley and published by Cambridge University Press. This book was released on 2016-03-11 with total page 467 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.