This paper discusses the global credit crisis and its implications for international finance and financial regulation. It begins with a discussion of the causes of the credit crisis, particularly the role of regulatory incentives underlying excessive international and domestic borrowing, lending...

This article considers the Finanical Stability Board and the extent to which this extension of the current "soft law" regime can be a substitute for a "hard law" regime with greater enforcement powers. The paper concludes that greater institutional backing for the FSB is achievable without...

In this study, a team of researchers from the University of Hong Kong's Asian Institute of International Financial Law (AIIFL) discuss the current structure of financial regulation in Hong Kong and its performance in the global financial crisis, focusing on major local issues such as structured...