Regulation of Global Banking: Principles and Policies - Hardcover

Heidi Mandanis Schooner; Michael W Taylor

Hardcover

ISBN 10: 0126410038 ISBN 13: 9780126410037

Publisher: Academic Press, 2009

Synopsis

Global Bank Regulation: Principles and Policies covers the global regulation of financial institutions. It integrates theories, history, and policy debates, thereby providing a strategic approach to understanding global policy principles and banking. The book features definitions of the policy principles of capital regularization, the main justifications for prudent regulation of banks, the characteristics of tools used regulate firms that operate across all time zones, and a discussion regarding the 2007-2009 financial crises and the generation of international standards of financial institution regulation.

The first four chapters of the book offer justification for the strict regulation of banks and discuss the importance of financial safety. The next chapters describe in greater detail the main policy networks and standard setting bodies responsible for policy development. They also provide information about bank licensing requirements, leading jurisdictions, and bank ownership and affiliations. The last three chapters of the book present a thorough examination of bank capital regulation, which is one of the most important areas in international banking.

The text aims to provide information to all economics students, as well as non-experts and experts interested in the history, policy development, and theory of international banking regulation.

Defines the over-arching policy principles of capital regulation

Explores main justifications for the prudent regulation of banks

Discusses the 2007-2009 financial crisis and the next generation of international standards of financial institution regulation

Examines tools for ensuring the adequate supervision of a firm that operates across all time zones

About this title

Review:

"This wide-ranging and authoritative book, written by two distinguished analysts of financial regulation, is a compelling read and of great value to regulators, financial practitioners and students alike. It is an excellent tour de force of the key issues in bank regulation which is set in a strong analytical framework. In the light of the global financial crisis, it makes a compelling case for an internationally co-ordinated approach to bank regulation."

--David T. Llewellyn, Loughborough University

 

"A fascinating and erudite introduction to the policies underlying bank supervision and the complexities of implementing those policies in an international environment based on national regulatory systems. Schooner and Taylor are among the world's leading experts on banking regulation and their text will be an invaluable resource to students and practitioners for years to come."

--Howell E. Jackson, Harvard Law School

From the Back Cover:

Its focus on the prudential, global regulation of financial institutions drives this book’s unique exploration of over-arching policy principles. Integrating theory, history, and policy debates, it provides a high-level, strategic treatment of the regulation of global banking. With finely focused definitions and an intuitive scope, the authors pay particular attention to the international standards sent by bodies such as the Basel Committee on Banking Supervision and the European Union. By beginning with the main justifications for the prudential regulation of banks and concluding with the financial crisis that began in 2007, this lucid and engaging account of the principles, policies, and laws related to the regulation of international banking explains why and how governments work so hard on a convergence of rules and regulations.

About this edition

• Publisher: Academic Press
• Publication date: 2009
• ISBN 10: 0126410038
• ISBN 13: 9780126410037
• Binding: Hardcover
• Number of pages: 320