The global financial crisis that began in the summer of 2007 has brought the financial industry to centre stage. While most current analysis focuses on the way finance can be regulated in the topical context of the economic crisis, this book aims to show how financial activities actually shape...

We take advantage of the regulatory change planned to transform financial OTC markets into organized markets to study the processes and the means by which powerful actors resist categorization and contest a certain vision of the market. Specifically analyzing the documents produced by the MiFID...

Adopting an historical perspective, we propose to study the way recurrent debates regarding the “excessive speculation” category on financial derivatives markets, take various shapes at different points in time. We consider that history does not repeat itself, at least not in the exact way....

In this paper, we examine how categorization is resisted. We analyze the way organizations draw on industry registers to resist or adapt to changes that will potentially alter the definition and nature of the markets in which they compete. We approach this question through a qualitative study of...

The research aims at studying the compliance of financial practices, the body of rules applicable to financial market participants. It studies the compliance function, a cornerstone of the compliance control system in place within financial services providers. Through this function, we highlight...