04034nam 22007332 450 991046237700332120160513145140.01-107-22471-31-139-36550-91-280-87791-X97866137192251-139-37802-31-139-01944-91-139-37516-41-139-37117-71-139-37945-31-139-37659-4(CKB)2670000000207531(EBL)880667(OCoLC)794731508(SSID)ssj0000677722(PQKBManifestationID)11457349(PQKBTitleCode)TC0000677722(PQKBWorkID)10693685(PQKB)10710787(UkCbUP)CR9781139019446(MiAaPQ)EBC880667(PPN)181081350(Au-PeEL)EBL880667(CaPaEBR)ebr10574331(CaONFJC)MIL371922(EXLCZ)99267000000020753120110216d2012|||| uy| 0engur|||||||||||txtrdacontentcrdamediacrrdacarrierGovernance of global financial markets the law, the economics, the politics /Emilios Avgouleas[electronic resource]Cambridge :Cambridge University Press,2012.1 online resource (xxii, 477 pages) digital, PDF file(s)International corporate law and financial market regulationTitle from publisher's bibliographic system (viewed on 05 Oct 2015).0-521-76266-9 Includes bibliographical references and index.Financial markets and financial crises -- The causes of the Global Financial Crisis -- The evolution of global financial governance and development of International Financial Regulation -- The 'softness' of soft law and global financial governance -- Regulatory and supervisory reform : US, EU, BCBS -- Global reform of the 'too-big-to-fail' institution and the new resolution regimes in the US and the EU -- An evolutionary model for global financial governance.The recent financial crisis proved that pre-existing arrangements for the governance of global markets were flawed. With reform underway in the USA, the EU and elsewhere, Emilios Avgouleas explores some of the questions associated with building an effective governance system and analyses the evolution of existing structures. By critiquing the soft law structures dominating international financial regulation and examining the roles of financial innovation and the neo-liberal policies in the expansion of global financial markets, he offers a new epistemological reading of the causes of the global financial crisis. Requisite reforms leave serious gaps in cross-border supervision, in the resolution of global financial institutions and in the monitoring of risk originating in the shadow banking sector. To close these gaps and safeguard the stability of the international financial system, an evolutionary governance system is proposed that will also enhance the welfare role of global financial markets.International corporate law and financial market regulation.Financial institutions, InternationalLaw and legislationInternational financeLaw and legislationFinancial services industryLaw and legislationGlobal Financial Crisis, 2008-2009Political aspectsFinancial institutions, InternationalLaw and legislation.International financeLaw and legislation.Financial services industryLaw and legislation.Global Financial Crisis, 2008-2009Political aspects.343.03Avgouleas Emilios517483UkCbUPUkCbUPBOOK9910462377003321Governance of global financial markets849649UNINA