Read more
Zusatztext Many valuable inputs and suggestions are provided by this volume! in which some of the most respected legal scholars on monetary and financial law have come together to share their views! expertise and experience Informationen zum Autor Professor Giovanoli is Emeritus Professor at the University of Lausanne and a member of MOCOMILA of which he was chairman from 1995-2005. He spent over 35 years as counsel at the Bank of International Settlements in Basel. He was the editor of International Monetary Law - Issues for the New Millennium (OUP, 2000) and co-editor with Gregor Heinrich of International Bank Insolvencies - A Central Bank Perspective (Kluwer, 1999).Diego Devos is Deputy General Counsel of the Bank for International Settlements and a member of MOCOMILA. He has written several articles on financial law. The work brings together a group of leading academic and practitioner monetary and financial lawyers from around the world, including general counsels of major financial institutions and central banks, distinguished practitioners in the area of international economic law and prominent academics in this area. Klappentext This new book is a unique collaboration of the top academic and practitioner monetary and financial lawyers from around the world. It examines current legal issues of international monetary and financial law in the light of the current global financial crisis and consequent reforms of international and domestic financial architecture. Zusammenfassung This new book from MOCOMILA, the Monetary Law Committee of the ILA, is a unique collaboration of the top academic and practitioner monetary and financial lawyers from around the world. It examines current legal issues of international monetary and financial law in the light of the current global financial crisis and consequent reforms of international and domestic financial architecture. The book deals with post-crisis financial regulation and supervision, including that of rating agencies and sovereign wealth funds, and financial crisis resolution with an analysis of bank rescue operations.Covering matters of current interest such as central banks, international payments, money laundering, and sovereign debt, this book is for banking and financial practitioners, in-house lawyers, central banks and international financial institutions as well as academics in the field of international and financial law. Inhaltsverzeichnis I. THE REFORM OF THE INTERNATIONAL FINANCIAL ARCHITECTURE ; 1. The International Financial Architecture and its reform after the crisis ; 2. Reforming the IMF ; 3. Crisis Prevention: Lessons from Emerging Markets for Advanced Economies ; 4. Standards and the Rule of Law after the Global Financial Crisis ; 5. Promoting Integrity in Financial Markets in light of the G20 Recommendations ; II. FINANCIAL REGULATION AND SUPERVISION: THE CRISIS TEST ; 6. The Proposals of the Larosiere Group on the Future of Financial Supervision in the European Community ; 7. The implementation of the Larosiere Report: A Progress Report ; 8. The Basel Committee and EU Banking Regulation in the Aftermath of the Credit Crisis ; 9. The Reform of Financial Regulation in the United States after the Crisis ; 10. Lessons for 21st Century Bankers: Differences between Investment and Depositary Banking ; 11. The Reform of Financial Regulation in the United Kingdom after the Crisis ; 12. Regulation of Rating Agencies: Current and Future ; 13. Sovereign Wealth Funds and their Regulation ; III. FINANCIAL CRISIS RESOLUTION AND LITIGATION ISSUES ; 14. The Federal Reserve's Response to the Crisis - Doing Whatever it Takes within its Legal Authority ; 15. European Supervisors in the Credit Crisis: Issues of Competence and Competition ; 16. Legislative Measures to Support Financial Market Stability - the German Example and its European Context ; 17. Cross-Border Bank Resolution - a Reform A...