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Global Bank Regulation: Principles and Policies


Global Bank Regulation: Principles and Policies

Hardback by Schooner, Heidi Mandanis (Columbus School of Law, The Catholic University of America, Washington D.C.); Taylor, Michael W. (International Monetary Fund)

Global Bank Regulation: Principles and Policies

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ISBN:
9780126410037
Publication Date:
24 Nov 2009
Language:
English
Publisher:
Elsevier Science Publishing Co Inc
Imprint:
Academic Press Inc
Pages:
352 pages
Format:
Hardback
For delivery:
New product available - 9780128011041
Global Bank Regulation: Principles and Policies

Description

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.

Contents

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

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