Description
Book SynopsisLaw Reform and Financial Markets addresses how law reform can be used to support strong financial markets and draws on the global financial crisis as a case study.
Table of ContentsContents: Introduction PART I: REDESIGNING FINANCIAL REGULATION 1. The Rise, Fall and Fate of Principles-based Regulation Julia Black 2. Policy Stances in Financial Market Regulation: Market Rapture, Club Rules or Democracy? Nicholas Dorn PART II: THE CHALLENGES OF CAPITAL MARKET LAW REFORM 3. The Vexed Issue of Short Sales Regulation when Prohibition is Inefficient and Disclosure Insufficient Emilios Avgouleas 4. Regulating Complex Derivatives: Can the Opaque be Made Transparent? Michael A.H. Dempster, Elena A. Medova and Julian Roberts 5. The Role of Law and Governance in Financial Markets: The Case of the Emerging Chinese Securities Market Sanzhu Zhu 6. Of Corporations and Plumbers: Shareholder Voting Rights and Securities Clearing and Settlement in Europe Agata Waclawik-Wejman PART III: CONSUMER AND DEPOSITOR PROTECTION 7. The Crash that Launched a Thousand Fixes: Regulation of Consumer Credit after the Lending Revolution and the Credit Crunch Iain Ramsay and Toni Williams 8. Deposit Protection Schemes in British Offshore Finance Centres Philip Morris PART IV: THE ROLE OF THE LENDER OF LAST RESORT AND EU SOVEREIGN DEBT RESTRUCTURING 9. Exigent and Unusual Circumstances: The Federal Reserve and the US Financial Crisis Christian A. Johnson 10. Sovereign Debt Restructuring in the EU: Lessons from the Recent Crisis Kern Alexander Index
