This Essay is a brief response to the stimulating essays on cost-benefit analysis of financial regulation by Professors Coates and Cox in this volume. Both Coates and Cox largely agree that we want policy decisions about financial regulation to be made using what Coates refers to as...

In this article, the author attempts to reevaluate the United Kingdom's unified financial regulator, the Financial Services Authority (FSA), as a viable international regulatory model for global financial sector reform structures. The author provides an overview of the legal and organizational...

As a consequence of Brexit, the European Banking Authority will have to leave London. This prospect raises a number of questions: where to go? There are plenty of candidates. What criteria for a relocation decision: efficiency would point to locate EBA close to the other parties involved in...

This article reviews the book - Institutional Structure of Financial Regulation: Theories and International Experiences edited by Robin Hui Huang & Dirk Schoenmaker and published by Routledge in 2015. This book presents readers with an original and structural conceptualization of financial...

In November 2017 the Federal government established a Royal Commission in Australia's financial services industry that has become widely known as the Banking Royal Commission. The Commission has, during its hearings and in its recent Interim Report, exposed serious misconduct and poor regulation...

As the most globally active financial services provider, the UK has the potential to be a key player in helping to develop a more efficient international regulatory framework after it leaves the EU. All entities that have efficient and attractive financial services offerings will benefit from...

The recent financial crisis highlighted a fundamental but little-noticed paradox. The rising economic cost of financial market failure is disproportionately borne by the taxpaying general public. Yet, the public lacks an ability to participate meaningfully in the process of regulating...

Kryzys finansowy i gospodarczy, który wybuchł w 2007-2008 r. skłonił rządy, UE i instytucje międzynarodowe do podjęcia prób wskazania jego źródeł, analiz przebiegu i ustanowienia mechanizmów mających zapobiec powtórzeniu takim sytuacjom. Okazało się bowiem, że w warunkach...

While there is consensus as regards the magnitude and severity of the crisis, there are contrasting - even opposing views - with regard to the understanding of the causes of the crisis and the types of regulatory responses that can best tackle the imbalances that were at its root and to fix the...