International Regulatory Cooperation: An Analysis of Standard Setting in Financial Law

Summary

One lesson of the financial crisis is that globally interconnected markets require a more intense international cooperation and coordination. This thesis outlines a framework for analyzing international standard setting in financial law. It provides an overview of dominant theoretical propositions and suggests a broader - more “realist” - stance to analyzing interstate cooperation. The book intends to give the reader a better impression of the international financial architecture and highlights why a distinction between hard/soft law cannot be convincingly upheld in international finance. Moreover, a thorough review addresses often heard accountability and legitimacy critique. In casting a glance at the future, the book highlights inter alia a trend for regulatory inconsistency and carves out strategy proposals for national regulators.

Product details

• Authors: Stefan A. Wandel
• Publisher: Schulthess
• Languages: English
• Product format: Other book format
• Released: 01.12.2014
• EAN: 9783725571796
• ISBN: 978-3-7255-7179-6
• No. of pages: 208
• Dimensions: 155 mm x 225 mm x 16 mm
• Weight: 426 g
• Series: Schweizer Schriften zum Finanzmarktrecht; Schweizer Schriften zum Finanzmarktrecht
• Subjects: Social sciences, law, business > Law; Bankrecht, KAG, Finanzmarktrecht, Global Finance