.S. financial regulation: (i) enactment is invariably crisis driven, adopted at a time when there is a paucity of information … Law” of U.S. financial regulation. The ensuing one-way regulatory ratchet generated by repeated financial crises has … experimentation to financial regulation. The use of those techniques, properly implemented, advances means-ends rationality, by better …

-based legislation – and the frequent principles-based regulation underpinned by such legislation – represents a stark departure from … regulation in Hong Kong – in the form of a Twin Peaks regulatory structure. A focus on the objectives of achieving financial …

This is a chapter for a forthcoming volume Oxford Handbook of Financial Regulation (Oxford University Press 2014) (eds …. Eilís Ferran, Niamh Moloney, and Jennifer Payne). It provides an overview of EU financial regulation from the first banking … the accommodation of cross-border capital flows and their regulation necessarily require an orchestration of the …

The global financial crisis underlined that sound and effective bank regulation is vital to financial stability …. Assessments of the global financial crisis invariably point to ineffective finance regulation and supervision as the main reasons … for the onset of the crisis and its severity. In particular, lapses in banking regulation contributed significantly to the …

efficient. Implications for welfare and regulation therefore depend highly on the nature of the shocks and the competitiveness …