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

• Record Nr.: UNINA9910779346003321
• Autore: Ferran Eilís
• Pubbl/distr/stampa: Cambridge : , : Cambridge University Press, , 2012
• 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
• Descrizione fisica: 1 online resource (xxxix, 391 pages) : digital, PDF file(s)
• Collana: International corporate law and financial market regulation
• Altri autori (Persone): FerranEilís
• Disciplina: 346/.08
• Soggetti: Financial institutions - Law and legislation - United States; 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 - Law and legislation - European Union countries; Financial services industry - Law and legislation - Australia
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Title from publisher's bibliographic system (viewed on 05 Oct 2015).
• Nota di bibliografia: Includes bibliographical references and index.
• Nota di contenuto: 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.
• Sommario/riassunto: 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.