LEADER 04034nam 22007332 450 001 9910815149803321 005 20160513145140.0 010 $a1-107-22471-3 010 $a1-139-36550-9 010 $a1-280-87791-X 010 $a9786613719225 010 $a1-139-37802-3 010 $a1-139-01944-9 010 $a1-139-37516-4 010 $a1-139-37117-7 010 $a1-139-37945-3 010 $a1-139-37659-4 035 $a(CKB)2670000000207531 035 $a(EBL)880667 035 $a(OCoLC)794731508 035 $a(SSID)ssj0000677722 035 $a(PQKBManifestationID)11457349 035 $a(PQKBTitleCode)TC0000677722 035 $a(PQKBWorkID)10693685 035 $a(PQKB)10710787 035 $a(UkCbUP)CR9781139019446 035 $a(MiAaPQ)EBC880667 035 $a(Au-PeEL)EBL880667 035 $a(CaPaEBR)ebr10574331 035 $a(CaONFJC)MIL371922 035 $a(PPN)181081350 035 $a(EXLCZ)992670000000207531 100 $a20110216d2012|||| uy| 0 101 0 $aeng 135 $aur||||||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aGovernance of global financial markets $ethe law, the economics, the politics /$fEmilios Avgouleas$b[electronic resource] 210 1$aCambridge :$cCambridge University Press,$d2012. 215 $a1 online resource (xxii, 477 pages) $cdigital, PDF file(s) 225 1 $aInternational corporate law and financial market regulation 300 $aTitle from publisher's bibliographic system (viewed on 05 Oct 2015). 311 $a0-521-76266-9 320 $aIncludes bibliographical references and index. 327 $aFinancial 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. 330 $aThe recent financial crisis proved that pre-existing arrangements for the governance of global markets were flawed. With reform underway in the USA, the EU and elsewhere, Emilios Avgouleas explores some of the questions associated with building an effective governance system and analyses the evolution of existing structures. By critiquing the soft law structures dominating international financial regulation and examining the roles of financial innovation and the neo-liberal policies in the expansion of global financial markets, he offers a new epistemological reading of the causes of the global financial crisis. Requisite reforms leave serious gaps in cross-border supervision, in the resolution of global financial institutions and in the monitoring of risk originating in the shadow banking sector. To close these gaps and safeguard the stability of the international financial system, an evolutionary governance system is proposed that will also enhance the welfare role of global financial markets. 410 0$aInternational corporate law and financial market regulation. 606 $aFinancial institutions, International$xLaw and legislation 606 $aInternational finance$xLaw and legislation 606 $aFinancial services industry$xLaw and legislation 606 $aGlobal Financial Crisis, 2008-2009$xPolitical aspects 615 0$aFinancial institutions, International$xLaw and legislation. 615 0$aInternational finance$xLaw and legislation. 615 0$aFinancial services industry$xLaw and legislation. 615 0$aGlobal Financial Crisis, 2008-2009$xPolitical aspects. 676 $a343.03 700 $aAvgouleas$b Emilios$0517483 801 0$bUkCbUP 801 1$bUkCbUP 906 $aBOOK 912 $a9910815149803321 996 $aGovernance of global financial markets$9849649 997 $aUNINA