1 / 8

The Foundations and Future of Financial Regulation

The Foundations and Future of Financial Regulation. Iris H Chiu (Dr) University College London. Financial Regulation. As distinguished from Financial Law Governing finance Financialisation and what this means Frameworks, principles, objectives and values

doane
Download Presentation

The Foundations and Future of Financial Regulation

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. The Foundations and Future of Financial Regulation Iris H Chiu (Dr) University College London

  2. Financial Regulation • As distinguished from Financial Law • Governing finance • Financialisation and what this means • Frameworks, principles, objectives and values • The locations of power in governing finance

  3. Post-crisis Financial Regulation • Governance by public authorities • Financial stability as a public good • Through legal reforms

  4. Post-crisis Financial Regulation • Pre-emptive approach • Increasing paternalism • Expanded scope of coverage

  5. Pre-emptive Approaches • Extra capital charges under Basel III • Macro-prudential supervision • Increased intervention in consumer protection

  6. Expanded scope of coverage • Governing what is previously unregulated • ‘More Europe’ – Moloney • EU vs national institutions • Co-governance

  7. Financial Stability • Meaning • Policy measures corrective in nature? • Lack of precise objective or permanent content • Regulation of financial sector remuneration as example

  8. Way Forward • ‘Financial stability’ as kickstarting ideological reflections • Social utility • New discourses in governing finance needed

More Related