Principles of Financial Regulation

Authors

John Armour
Dan Awrey
Paul Davies
Luca Enriques
Jeffrey N. Gordon, Columbia Law SchoolFollow
Colin Mayer
Jennifer Payne

Files

Publication Date

2016

DOI

https://doi.org/10.1093/acprof:oso/9780198786474.001.0001

Description

The financial crisis of 2007-9 revealed serious failings in the regulation of financial institutions and markets, and prompted a fundamental reconsideration of the design of financial regulation. As the financial system has become ever-more complex and interconnected, the pace of evolution continues to accelerate. It is now clear that regulation must focus on the financial system as a whole, but this poses significant challenges for regulators. Principles of Financial Regulation describes how to address those challenges.

Examining the subject from a holistic and multidisciplinary perspective, Principles of Financial Regulation considers the underlying policies and the objectives of regulation by drawing on economics, finance, and law methodologies. The volume examines regulation in a purposive and dynamic way by framing the book in terms of what the financial system does, rather than what financial regulation is. By analysing specific regulatory measures, the book provides readers to the opportunity to assess regulatory choices on specific policy issues and encourages critical reflection on the design of regulation.

Disciplines

Banking and Finance Law | Finance | Law | Law and Economics

ISBN

9780198786474

Publisher

Oxford University Press

City

Oxford, UK

Reviews

"The book is a well-written composition that covers the major issues of financial regulation and provides a comprehensive picture of this complicated field in a clear and understandable manner. ... The book is a "must" for students in courses on financial regulation. However, it may be of use for a wider range of readers including academics (in law, business, public policy and economics), practitioners in the field and regulators. The book's thorough and profound analysis will unquestionably serve as an important tool in meeting the challenges of continued exploration of financial regulation."
—Professor Ruth Plato-Shinar, Journal of International Banking Law and Regulation

Comments

Also available as an eBook through the Columbia University Libraries.

Recommended Citation

Armour, John; Awrey, Dan; Davies, Paul; Enriques, Luca; Gordon, Jeffrey N.; Mayer, Colin; and Payne, Jennifer, "Principles of Financial Regulation" (2016). Faculty Books. 17.
https://scholarship.law.columbia.edu/books/17