Rethinking regulation of international finance

This book encapsulates the most important aspects of the development and operation of the international financial system. It questions the fundamental basis of the existing international financial architecture (soft law) and explores the need for a compliance-based model based on legitimacy of regulations and accountability of the regulatory bodies in international financial stability. Why have financial standards and institutions almost always failed to effectively predict and respond to real-world financial crises? The answer, as this challenging book shows, is that international financial law suffers from a persistent lack of judicial or quasi-judicial enforcement mechanisms, leaving flaws in the structure of the international financial system that lead inevitably to excesses that threaten the public good of global financial stability.

שנה

2018

שפה

English

סדרה

International banking and finance law series -- Volume 33

הוצאה

Kluwer Law International

מהדורות

1

עמודים

256

ISBN

9789041188380

מקור הנתונים: Wikidata