This study examines the financial risks posed by energy and environmental markets and how these risks are addressed by current regulatory regimes and legislation. This is undertaken using a legislative analysis of the financial regulation of energy and environmental markets, drawing on ‘grey'...

This paper takes a crises management perspective on the economy of the United States in order to investigate its regulatory roles, objectives, and efficacy in dealing with its long-standing recession. It reveals that widespread corporate fraud, greed, insider trading, and so on has been due to...

The existing international financial regulatory architecture is multifarious. Prevalent regulatory forums are numerous, with over-lapping spheres of activity, where all such forums share a lack of consolidated authority. Bodies like the Basel Committee on Banking Supervision (BCBS), Group of 20,...

The Irish financial crisis caused unprecedented damage to the national economy. While large amounts of tax-dollars have gone towards understanding the events leading up to the crisis, there has not been a concentrated effort to consolidate the lessons learned for both Ireland and the European...

Financial regulation today is largely framed by traditional business categories. The financial markets, however, have begun to bypass those categories, principally over the last thirty years. Chief among the changes has been convergence in the products and services offered by traditional...

The credit crisis that started in the American mortgage subprime market in 2007 is having profound social and economic consequences. In this context, lawmakers, regulators, and commentators have questioned the role of rating agencies in the market turmoil. In light of the critiques, a strong...

The Basel Accord has often been regarded as one of the most successful forms of international regulation due to the high level of compliance from various actors despite the lack of direct repercussions. International financial regulation as a form of soft law is able to exert a power over actors...

Inadequate regulation of the financial system is widely thought to have contributed to the financial crisis. The purpose of the book is to articulate a framework within which financial regulation can be analysed in a coherent and comprehensive fashion. The book's approach is distinctive in...

We analyze the partisanship of Securities and Exchange Commissioners (SEC) and members of the Federal Reserve Board of Governors (Fed) using the language-based approach of Gentzkow, Shapiro, and Taddy (Econometrica, 2019). The level of partisanship among these regulators is greater than that of...