TY  - BOOK
AU  - Ferran,Eilis
TI  - The Regulatory aftermath of the global financial crisis
SN  - 9781107024595
U1  - 346.08 
PY  - 2012///
CY  - Cambridge
PB  - Cambridge University Press
KW  - Financial institutions
KW  - Law and legislation
KW  - Australia
KW  - European Union countries
KW  - United States
KW  - Financial services industry
N1  - The EU and the US responded to the global financial crisis by changing the rules for the functioning of financial services and markets and by establishing new oversight bodies. With the US Dodd-Frank Act and numerous EU regulations and directives now in place, this book provides a timely and thoughtful explanation of the key elements of the new regimes in both regions, of the political processes which shaped their content and of their practical impact. Insights from areas such as economics, political science and financial history elucidate the significance of the reforms. Australia's resilience during the financial crisis, which contrasted sharply with the severe problems that were experienced in the EU and the US, is also examined. The comparison between the performances of these major economies in a period of such extreme stress tells us much about the complex regulatory and economic  ecosystems of which financial markets are a part
ER  -