TY - BOOK TI - Reconceptualising global finance and its regulation [electronic resource] SN - 9781316181553 (ebook) : PY - 2016/// CY - Cambridge PB - Cambridge University Press KW - Financial institutions--Law and legislation N1 - Table of contents: Chapter 1. Introduction Chapter 2. The changing nature of banking and why it matters Chapter 3. Understanding the global in global finance and regulation Chapter 4. The financial stability board and the future of international financial regulation Chapter 5. Financial regulation's overlooked networks Chapter 6. Why has Basel III become hard law for China? : the domestic political economy of international financial law Chapter 7. Reconceptualizing central banking : from the great inflation to the great recession and beyond Chapter 8. The macroprudential quandary : unsystematic efforts to reform financial regulation Chapter 9. Rethinking the law in "safe assets" Chapter 10. Competing for renminbi : financial centers in the context of renminbi globalization Chapter 11. "Market quality" and moral hazard in financial market design / David C. Donald -- Chapter 12. Cross border banking : reconceptualizing bank secrecy Chapter 13. Liability for transnational securities fraud, quo vadis? Chapter 14. Large systemic banks and fractional reserve banking, intractable dilemmas in search of effective solutions Chapter 15. Turning the tide? : how European banking and financial services legislation is making waves on the enforcement front Chapter 16. Shadow banking or "banks shadow" : re-conceptualizing global shadow banking regulation Chapter 17. Shadow banking and its regulation : the case of China Chapter 18. Promoting capital markets professionalism : an emerging Asian model Chapter 19. Competitiveness of financial centers in light of financial and tax law equivalence requirements Chapter 20. Human rights due diligence as new policy in financial institutions Chapter 21. Reconceptualizing the role of standards in supporting financial regulation Chapter 22. Conclusion; Includes index N2 - The current global financial system may not withstand the next global financial crisis. In order to promote the resilience and stability of our global financial system against future shocks and crises, a fundamental reconceptualisation of financial regulation is necessary. This reconceptualisation must begin with a deep understanding of how today's financial markets, regulatory initiatives and laws operate and interact at the global level. This book undertakes a comprehensive analysis of such diverse areas as regulation of financial stability, modes of supply of financial services, market infrastructure, fractional reserve banking, modes of production of global regulatory standards and of the pressing need to reform financial sector ethics and culture. Based on this analysis, Reconceptualising Global Finance and its Regulation proposes realistic reform initiatives, which will be of primary interest to regulatory and banking legal practitioners, policy makers, scholars, research students and think tanks UR - https://doi.org/10.1017/CBO9781316181553 ER -