Regulation of Global Banking: Principles and Policies

Zusammenfassung Explores the global policy principles. This book provides a strategic treatment of the regulation of global banking. It draws attention to the international standards set by bodies such as the Basel Committee on Banking Supervision and the European Union. It explains why and how governments work so hard on a convergence of rules and regulations.

Autorentext

By Michael Taylor and Heidi Schooner

Klappentext

Its focus on the prudential, global regulation of financial institutions drives this book?s unique exploration of overarching 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.

Inhalt
Introduction: The Global Financial System and the Problems of RegulationThe Changing1. Nature of Banks 2. Panics, Bank Runs and Coordination Problems3. Collapsing Dominos and Asset Price Spirals4. The Financial Safety Net and Moral Hazard5. Sources of Bank Regulation6. Bank Licensing and Corporate Governance7. Bank in Corporate Groups: Ownership and Affiliation8. Bank Capital: Why Regulate Capital 9. Bank Capital: The New Capital Adequacy Framework: Basel II and Credit Risk 10. Bank Capital: The New Capital Adequacy Framework: Basel II and Other Risk 11. Direct Controls on Risk-Taking 12. Consolidated Supervision and Financial Conglomerates13. Anti-Money Laundering/ Countering the Financing of Terrorism 14. Bank Closures (still drafting)15. Institutional Structure of Regulation16. Regulation After the Global Financial CrisisAppendix: Introduction to Economic Concepts