The 2007-08 financial crisis has posed substantial challenges for bankers, economists and regulators: was it preventable, and how can such crises be avoided in future? This book addresses these questions. The Financial Crisis and the Regulation of Finance includes a comprehensive overview of the...

The maintenance of financial stability is a key objective of monetary policy, but the record of regulators in achieving this has been lamentable in recent years. This failure has been matched by an equivalent inability to establish an appropriate theoretical basis for financial regulation. In...

Foreword -- Chapter I: Evolutionary Trajectory of China’s Financial Sector over Seven Decades.-Chapter II: Evolutionary Trajectory of Financial Institutions in China -- Chapter III: Structure and Evolution of China’s Financial Market System -- Chapter IV The Evolutionary Trajectory of the...

Chapter 1: The principle of proportionality as an area of national discretion -- Chapter 2: Options and Discretions under the Capital Requirements Directive IV -- Chapter 3: The application of National Law by the ECB -- Chapter 4: The Corneli Case and the Application of National Law by the...

The 2007–9 financial crisis threatened economic disaster on a scale not seen since the Great Depression, but rapid state action prevented the widely feared devastation. The German response was considerably more generous to banks than the American or British bailouts. Drawing on interviews and...