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Comparative Financial Regulation: (Research Handbooks in Comparative Law series)

Comparative Financial Regulation: (Research Handbooks in Comparative Law series)


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About the Book

Comparative Financial Regulation investigates the key drivers of divergence and convergence in financial regulation and analyses the consequences in terms of market efficiency, investor protection and financial stability. It adopts a broad view of the financial system and promotes a functional understanding of the regulation of securities markets, banks, derivatives and payments. Emphasising the importance of a comparative approach to financial regulation, contributing authors present critical examinations across a variety of national jurisdictions in Asia, the Americas and Europe, going beyond the black-letter comparison of different national regulatory regimes. They present a comprehensive overview of how the level of cross-border convergence and divergence varies across sectors of the financial system. Chapters cover the latest regulatory developments related to blockchain and sustainable finance, and explore how sectors of the financial system are adapting to current challenges, such as geopolitical risk, climate change and cyber warfare. Providing analytical tools to understand and interpret financial regulation, this Research Handbook is invaluable to students and academics in comparative law, finance and banking law, financial economics, and regulation and governance. It is also an important resource for practitioners in the field.

Table of Contents:
Contents Preface xiii PART I INTRODUCTION 1 An analytical framework 2 Edoardo D. Martino, Hossein Nabilou and Alessio M. Pacces 2 History and convergence of financial regulation 19 Katarzyna Parchimowicz 3 The institutional architecture of financial regulation and supervision 39 Menelaos Markakis PART II REGULATION OF FINANCIAL MARKETS 4 Mandatory disclosure 56 Matteo Gargantini 5 Conduct of business rules 73 Sergio Gilotta 6 Market integrity and insider trading 89 Ana Taleska 7 Securities markets regulation 103 Lauren Yu-Hsin Lin 8 Investment fund regulation 119 Ugo Malvagna 9 Investment platforms regulation 135 Eugenia Macchiavello PART III REGULATION OF FINANCIAL INSTITUTIONS 10 Microprudential regulation 155 Lucrezia Cipriani and Andrea Minto 11 Macroprudential regulation 172 Luca Amorello 12 Corporate governance of banks 191 Katrien Morbee 13 Recovery and resolution of banks 206 Shuai Guo 14 Regulation of financial collateral 223 Hossein Nabilou 15 Regulation of clearing and settlement 239 Paolo Saguato 16 Regulation of payment services 255 Phoebus L. Athanassiou 17 The law of central banking 272 Rosa Lastra PART IV NEW FRONTIERS IN FINANCIAL REGULATION 18 Sustainability and securities market regulation 287 Youcef Rahmani 19 Sustainability and prudential banking regulation 302 Seraina Grünewald 20 Cryptocurrencies and stablecoins regulation 323 Edoardo D. Martino 21 Regulatory policies for crypto-asset offerings 340 Iris H.-Y. Chiu Index 358

About the Author :
Edited by Alessio M. Pacces, Professor of Law & Finance, Edoardo D. Martino, Assistant Professor of Law & Finance and Hossein Nabilou, Assistant Professor of Law & Finance, Amsterdam Center for Law & Economics, University of Amsterdam, the Netherlands

Review :
‘Finance has become global, but financial regulation has remained more heterogeneous than was predicted two decades ago, when the “end of history” was en vogue. This book gives a much-needed accessible introduction to regulatory choices and structures in different parts of the world.’ ‘Financial regulation has always been an important field, but it is particularly so now given increasing globalization, new technologies, and continuing financial institution scandals and failures. This volume, with its felicitous combination of depth and breadth in coverage, including on topics such as micro- and macroprudential regulation, stock exchange competition, mandatory disclosure, conduct of business rules, sustainability, and cryptocurrencies, and its sophisticated yet accessible use of policy-relevant theory, is an important and timely overview of the field.’


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Product Details
  • ISBN-13: 9781035306466
  • Publisher: Edward Elgar Publishing Ltd
  • Publisher Imprint: Edward Elgar Publishing Ltd
  • Height: 244 mm
  • No of Pages: 392
  • Width: 169 mm
  • ISBN-10: 1035306468
  • Publisher Date: 28 Feb 2025
  • Binding: Hardback
  • Language: English
  • Series Title: Research Handbooks in Comparative Law series


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