Global Financial Sector Development - Softcover

Softcover

ISBN 10: 0903067943 ISBN 13: 9780903067942

Publisher: British Institute of International & Comparative Law, 2005

Synopsis

It is now axiomatic that a priority policy and practical goal of countries-both developed and developing-is the creation and maintenance of viable, robust, yet stable financial markets for the purpose of fostering broader, sustainable economic growth and development. To achieve such financial markets requires significant financial infrastructure law reform and related technical assistance. This volume endeavors to capture a selection of the main developments in the area on an international, regional, and major country basis. On the international level, discussion is provided as to the evolving role of international financial institutions in the area of legal development cooperation, the growing global trend of 'privatization' in modern bank regulation, the role of the International Organization of Securities Commissions (IOSCO) in convergence an creating an 'international passport' for securities offerings, the intervening concerns of fighting the financing of terrorism, and the treatment of financial services under the WTO-GATS regime. On the regional level, this volume presents critical perspectives from Africa, the MERCOSUR region, and the European Union. With respects to selective key country financial sector reform and developments, consideration is given to the US, South Korea, and Iraq.

About this title

Synopsis

It is now axiomatic that a priority policy and practical goal of countries-developed and developing-is the creation and maintenance of viable, robust, yet stable financial markets (bank, capital, insurance, mortgage, and pension) for the purpose of fostering broader, sustainable economic growth and development. To achieve such financial markets requires significant financial infrastructure law reform and related technical assistance. This volume endeavours to capture a selection of the main developments in the area on an international, regional, and major country basis. On the international level, discussion is provided as to the evolving role of international financial institutions in the area of legal development cooperation (Dean Sandgren), the growing global trend of 'privatization' in modern bank regulation, the role of the International Organization of Securities Commissions (IOSCO) in convergence and creating an 'international passport' for securities offerings (Professor Arner), the intervening concerns of fighting the financing of terrorism (Gardella), and the treatment of financial services under the WTO-GATS regime (Wang).

On the regional level, this volume presents critical perspectives from Africa (Dr Adesegun Akin-Olugbade), MERCOSUR Region (Dr Holz), the European Union (Tagliamonte). With respect to selective key country financial sector reform and developments, consideration is given to the US (Restrepo), PRC (Wu), South Kores (Baik), and Iraq (Al-Nuwaiser). The volume and its related "Contemporary Studies Series" is a joint publication effort of the British Institute of International and Comparative Law (London), the SMU Institute of International Banking Finance (Dallas) at the SMU Dedman School of Law, and the London Forum for International Economic and Development Law, with the editorial assistance of the SMU International Law Review Association (Dallas). The "Contemporary Studies Series" is the successor to the former "Kluwer Law International Yearbook on International Financial and Economic Law". The general editors of the Studies Series are Professor Joseph J Norton of the SMU Dedman School of Law and Dr Christos Hadjiemmanuil of the London School of Economics and Political Science.

Edition details

• Publisher: British Institute of International & Comparative Law
• Publication date: 2005
• Language: English
• ISBN 10: 0903067943
• ISBN 13: 9780903067942
• Binding: Paperback
• Number of pages: 382
• Editor: Norton J.J., Hadjiemmanuli Christos