The UK and Multi-level Financial Regulation - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The UK and Multi-level Financial Regulation write by Scott James. This book was released on 2020-02-06. The UK and Multi-level Financial Regulation available in PDF, EPUB and Kindle. The UK and Multi-level Financial Regulation examines the role of the United Kingdom (UK) in shaping post-crisis financial regulatory reform, and assesses the implications of the UK's withdrawal from the European Union (EU). It develops a domestic political economy approach to examine how the interaction of three domestic groups - elected officials, financial regulators, and the financial industry - shaped UK preferences, strategy, and influence in international and EU-level regulatory negotiations. The framework is applied to five case studies: bank capital and liquidity requirements; bank recovery and resolution rules; bank structural reforms; hedge fund regulation; and the regulation of over-the-counter derivatives. It concludes by reflecting on the future of UK financial regulation after Brexit. The book argues that UK regulators pursued more stringent regulation when they had strong political support to resist financial industry lobbying. UK regulators promoted international harmonisation of rules when this protected the competitiveness of industry or enabled cross-border externalities to be managed more effectively; but were often more resistant to new EU rules when these threatened UK interests. Consequently, the UK was more successful at shaping international standards by leveraging its market power, regulatory capacity, and alliance building (with the US). But it often met with greater political resistance at the EU level, forcing it to use legal challenges to block reform or secure exemptions. The book concludes that political and regulatory pressure was pivotal in defining the UK's 'hard' Brexit position, and so the future UK-EU relationship in finance will most likely be based on a framework of regulatory equivalence.
The UK and Multi-level Financial Regulation
The UK and Multi-level Financial Regulation - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The UK and Multi-level Financial Regulation write by Scott James. This book was released on 2020. The UK and Multi-level Financial Regulation available in PDF, EPUB and Kindle. This text examines the role of the United Kingdom in shaping the reform of financial regulation since the global financial crisis, and assesses the implications of the UK's withdrawal from the European Union.
The Politics of Regime Complexity in International Derivatives Regulation
The Politics of Regime Complexity in International Derivatives Regulation - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Politics of Regime Complexity in International Derivatives Regulation write by Lucia Quaglia. This book was released on 2020-10-15. The Politics of Regime Complexity in International Derivatives Regulation available in PDF, EPUB and Kindle. This book examines the post-crisis international regulation of derivatives by bringing together the international relations literature on regime complexity and the international political economy literature on financial regulation.
Negotiated Reform
Negotiated Reform - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Negotiated Reform write by Renate Mayntz. This book was released on 2015-11-12. Negotiated Reform available in PDF, EPUB and Kindle. Extensive literature already exists on the causes and development of the recent financial crisis and the political measures taken to manage it. This book brings together a group of renowned social scientists to focus on the interplay between international, European and national decision-making processes in the reform of financial market regulation. Are those states affected by the crisis adopting internationally negotiated regulations? Or are they instead determining the European and international reform agenda? Are the policies being agreed contributing to greater harmonization of financial regulation in a multilevel political system? Or is the process being dominated by differing national interests? The dominant concern of this book is the way in which the given multilevel structure of financial market regulation has shaped the reform process triggered by the recent financial crisis. Following an agreed set of questions, an international group of scholars deal in separate chapters with the role in the reform process played by international organizations, European authorities, and regulators in the USA, the United Kingdom, and Germany. To provide a detailed view of the vertical and horizontal interactions between these actors, the analysis focuses on a small set of reform issues, including bank structure, bank capital, resolution, and OTC trading of derivatives. The analysis shows to what extent actors at a given political level have both responded to, and shaped reform initiatives in other countries and at other political levels. Consideration is also given to a general shift in international governance, using financial market regulation as a case in point. The final chapter summarizes the pattern of multilevel policy-making resulting from the empirical analyses, highlighting features that distinguish it from familiar studies of multilevel governance in federal regimes and in the European Union.
Institutional Structure of Financial Regulation
Institutional Structure of Financial Regulation - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Institutional Structure of Financial Regulation write by Robin Hui Huang. This book was released on 2014-06-20. Institutional Structure of Financial Regulation available in PDF, EPUB and Kindle. 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 programme 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, Jeffrey 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.
