| Description |
1 online resource (xxv, 326 pages) : illustrations |
| Summary |
Its focus on the prudential, global regulation of financial institutions drives this book's unique exploration of global 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 set by bodies such as the Basel Committe on Banking Supervision and the European Union. By beginning with the main justifications for the prudential regulation of banks and concluding in 2009, after regulators had proposed significant solutions to the crash, 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. Defines the over-arching policy principles of capital regulation Explores main justifications for the prudent regulation of banks Discusses the 2007-2009 financial crisis and the next generation of international standards of financial institution regulation Examines tools for ensuring the adequate supervision of a firm that operates across all time zones. |
| Contents |
Introduction: The Global Financial System and the Problems of Regulation -- The Changing Nature of Banks -- Panics, Bank Runs and Coordination Problems -- Collapsing Dominos and Asset Price Spirals -- The Financial Safety Net and Moral Hazard -- Sources of Bank Regulation -- Bank Licensing and Corporate Governance -- Bank in Corporate Groups: Ownership and Affiliation -- Bank Capital: Why Regulate Capital -- Bank Capital: The New Capital Adequacy Framework: Basel II and Credit Risk -- Bank Capital: The New Capital Adequacy Framework: Basel II and Other Risk -- Direct Controls on Risk-Taking -- Consolidated Supervision and Financial Conglomerates -- Anti-Money Laundering/ Countering the Financing of Terrorism -- Bank Closures (still drafting) -- Institutional Structure of Regulation -- Regulation After the Global Financial Crisis -- Appendix: Introduction to Economic Concepts. |
| Bibliography |
Includes bibliographical references and index. |
| Contents |
The changing nature of banks -- Panics, bank runs, and coordination problems -- Collapsing dominos and asset price spirals -- The financial safety net and moral hazard -- Sources of financial regulation -- Bank licensing and corporate governance -- Bank in corporate groups : ownership and affiliation -- The rationale for bank capital regulation -- The new capital adequacy framework : Basel II and credit risk -- The new capital adequacy framework : Basel II and other risks -- Direct limits on banks' risk taking -- Consolidated supervision and financial conglomerates -- Anti-money laundering -- Bank insolvency -- Institutional structures of regulation -- Regulation after the global financial crisis. |
| Language |
English. |
| Subject |
Bank management.
|
|
Financial institutions.
|
|
Globalization.
|
|
Banques -- Gestion. |
|
Institutions financières. |
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Mondialisation. |
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globalism. |
|
financial institutions (institutions) |
|
Bank management |
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Financial institutions |
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Globalization |
|
Globalisierung |
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Management |
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Bank |
| Added Author |
Taylor, Michael, 1962-
|
| Other Form: |
Print version: Schooner, Heidi M. Global bank regulation. Burlington, MA : Academic Press, ©2010 9780126410037 0126410038 (DLC) 2009029850 (OCoLC)424556017 |
| ISBN |
9780126410037 |
|
0126410038 |
|
9780080925806 (e-book) |
|
0080925804 (e-book) |
|
6612618299 |
|
9786612618291 |
|
1282618296 |
|
9781282618299 |
| Standard No. |
9786612618291 |
|
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