"The financial system and its regulation have undergone exponential growth and dramatic reform over the last thirty years. This period has witnessed major developments in the nature and intensity of financial markets, as well as repeated cycles of regulatory reform and development, often linked to crisis conditions. The recent financial crisis has led to unparalleled interest in financial regulation from policymakers, economists, legal practitioners, and the academic community, and has prompted large-scale regulatory reform. The Oxford Handbook of Financial Regulation is the first comprehensive, authoritative, and state-of-the-art account of the nature of financial regulation. Written by an international team of leading scholars in the field, it takes a contextual and comparative approach to examine scholarly, policy, and regulatory developments in the past three decades. The first three Parts of the Handbook address the underpinning horizontal themes which arise in financial regulation: financial systems and regulation; the organization of financial system regulation, including regional examples from the EU and the US; and the delivery of outcomes and regulatory techniques. The final three Parts address the major reoccurring objectives of financial regulation, widely regarded as the anchors of financial regulation internationally: financial stability; market efficiency, integrity, and transparency; and consumer protection." -- Book jacket.
Series title from dust jacket. Errata slip inserted.
Bibliography, etc. Note
Includes bibliographical references (pages 765-768) and index.
Formatted Contents Note
Part I. Financial Systems and Regulation The evolution of theory and method in law and finance / Simon Deakin Economic development, financial systems, and the law / Colin Mayer Financial systems, crises, and regulation / Frank Partnoy Part II. The Organization of Financial System Regulation Institutional design: the choices for national systems / Eilis Ferran Institutional design: the international architecture / Christopher Brummer and Matt Smallcomb Organizing regional systems: the EU example / Brigitte Haar Organizing regional systems: the US example / Eric J. Pan Part III. Delivering Outcomes and Regulatory Techniques Regulatory styles and supervisory strategies / Julia Black The role of gatekeepers / Jennifer Payne Enforcement and sanctioning / Iain MacNeil Part IV. Financial Stability Systemic risk and macro-prudential supervision / Rosa M. Lastra The role of capital in supporting financial stability / Kern Alexander Managing risk in the financial system / Peter O. Mülbert Regulating the insurance sector / Michelle Everson Making bank resolution credible / John Armour Cross-border supervision of financial institutions / Douglas W. Arner Part V. Market Efficiency, Transparency, and Integrity Disclosure and financial market regulation / Luca Enriques and Sergio Gilotta Conduct of business regulation / Andrew F. Tuch Regulating financial market infrastructures / Guido Ferrarini and Paolo Saguato Regulating trading practices / Andreas Martin Fleckner Supporting market integrity / Harry McVea Regulating financial innovation / Emilios Avgouleas Part VI. Consumer Protection The consumer interest and the financial markets / Dimity Kingsford Smith and Olivia Dixon Regulating the retail markets / Niamh Moloney.