000 04133cam a2200337 i 4500
008 131209s2015 enka b 001 0 eng
020 _a9780415726870 (hbk)
020 _a9781315849690 (ebk)
040 _aDLC
_cDLC
050 0 0 _aK1066
_b.I56 2015
082 0 0 _a346.08
_bINS
245 0 0 _aInstitutional structure of financial regulation :
_btheories and international experiences /
260 _aLondon :
_bRoutledge,
_cc2015
300 _axvi, 262 pages :
440 _aRoutledge Research in Finance and Banking Law.
504 _aIncludes bibliographical references and index.
520 _a"Institutional structure of financial regulation is currently a subject of significant academic and practical interest, in light of the ongoing global financial crisis. The financial crisis has called into question the adequacy of financial regulation at the national and supranational levels. Financial regulatory structure has now been considered a key issue behind the financial crisis and as such, a wave of financial regulatory reform has ensued in major markets overseas, including the enactment of the Dodd-Frank Act in the US and the program to split the Financial Services Authority in the UK. Mainland China and Hong Kong are no exceptions. In Hong Kong, the much-publicized Lehman Brothers minibond saga has prompted the Hong Kong government to reconsider its financial regulatory regime. Likewise, the Mainland has recently staged a reshuffle at the top financial regulators.This book examines the institutional structure reform of financial regulation presently going on at the international level, and the resulting policy implications for the local reforms in Hong Kong and Mainland China. The book will consist of three parts the first of which explores the theory of financial regulatory structure, the second considers international perspectives on financial regulatory structures, and the third focuses on local issues in Mainland China and Hong Kong. The book contains contributions from renowned experts in the field of financial regulation including Douglas Arner, Jeffery Carmichael , Robin Hui Huang, Dirk Schoenmaker, Andrew Sheng and Michael Taylor allowing for authoritative and interdisciplinary analyses"--
520 _a"In light of on-going global financial crises, the institutional structure of financial regulation is currently a subject of significant academic and practical interest. The financial crisis has called into question the adequacy of financial regulation at the national and supranational levels, and has instigated financial regulatory reforms in major markets overseas. This has included the enactment of the Dodd-Frank Act in the US, and the program to split the Financial Services Authority in the UK. This book examines the institutional structure reform of financial regulation from a comparative perspective, exploring both fundamental theories and international experiences. The book explores the three main institutional structures of financial regulation in the world; the sectors-based model, adopted in the US, Mainland China and Hong Kong; the twin-peaks model with Australia and the Netherlands as its pioneers; and the single-regulator model as represented by the former Financial Services Authority in the UK and the Financial Services Agency in Japan. The book contains contributions from renowned experts in the field of financial regulation including Douglas Arner, Jeffery Carmichael, Robin Hui Huang, Dirk Schoenmaker, and Michael Taylor, and will be of interest to students and researchers of banking and finance law, and comparative economics"--
590 _arpm 24/10/2017
591 _aLoans
650 0 _aFinancial institutions--Law and legislation
650 0 _aFinancial institutions--Government policy
650 0 _aFinance--Law and legislation
650 0 _aFinancial institutions--State supervision
650 7 _aInternational finance--Law and legislation
650 7 _aFinancial services industry--Law and legislation
700 1 _aHuang, Robin Hui,
700 1 _aSchoenmaker, Dirk,
942 _2ddc
_cBOOK
949 _a346.08 INS
999 _c6824
_d6824