Asia Pacific University Library catalogue

Includes bibliographical references (pages 470-526) and index.

Introduction -- The Objectives of Financial Regulation -- The Decentred Regulatory Space in Financial Sector Governance and the Essential Partnership of Public and Private-led Governance -- The Governance Role of Auditors in Financial Regulation -- The Nature of Investor Protection -- Regulatory Governance of Alternative Investment Fund Managers -- Regulation of Credit Rating Agencies -- Consumer Protection in the Retail Market -- Regulating the Soundness of Financial Intermediaries -- From Financial Intermediaries to Masters of the Universe -- Addressing the Consequences of Financial Empire Building and Systemic Risk Costs -- Boosting Micro-prudential Regulation -- The Meta-regulatory Nature of Risk Management and Corporate Governance -- The Rise of Macro-prudential Supervision -- Information Collection and Surveillance in Macro-prudential Supervision -- The Regulatory Architecture for Macro-prudential Supervision in the UK and EU -- The Pre-emptive Approach in Financial Regulation and the Accountability of Regulatory Authorities in the UK and EU -- The International Framework for Financial Regulation -- Conclusion.

"Financial regulation has entered into a new era, as many foundational economic theories and policies supporting the existing infrastructure have been questioned following the financial crisis. This book offers a timely exploration of financial regulation in the aftermath of the crisis in order to map out the future trajectory of regulation in an age where financial stability is being emphasised as a key regulatory objective. The book is split into four sections: the objectives and regulatory landscape of financial regulation; the regulatory regime for investor protection; the regulatory regime for financial institutional safety and soundness; and macro-prudential supervision. The analysis ranges from theoretical and policy perspectives to comprehensive and critical consideration of financial regulation in the specifics. The book focuses on the substantive regulation of the UK and the EU, within a global context, making comparisons where relevant with the US. Running through the book is the consideration of the relationship between financial regulation, financial stability, institutional structures in the UK, EU and US, and the responsibility of various actors in governance. This book offers an important contribution to the critical analysis of the role of financial regulation, market discipline and corporate responsibility in the financial sector, and on the roles of regulatory authorities. It will be of interest to academics and students of banking and finance law and comparative economics"--