Systemic risk, institutional design, and the regulation of financial markets /

Saved in:
Bibliographic Details
Edition:First edition.
Imprint:Oxford ; New York : Oxford University Press, 2016.
©2016
Description:xxi, 221 pages ; 24 cm
Language:English
Subject:
Format: Print Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/10981033
Hidden Bibliographic Details
Other authors / contributors:Anand, Anita, 1967- editor.
ISBN:9780198777625
0198777620
Notes:Includes bibliographical references and index.
Summary:Following the recent financial crisis, regulators have been preoccupied with the concept of systemic risk in financial markets, believing that such risk could cause the markets that they oversee to implode. At the same time, they have demonstrated a certain inability to develop and implement comprehensive policies to address systemic risk. This inability is due not only to the indeterminacy inherent in the term 'systemic risk' but also to existing institutional structures which, because of their existing legal mandates, ultimately make it difficult to monitor and regulate systemic risk across an entire economic system. Bringing together leading figures in the field of financial regulation, this collection of essays explores the related concepts of systemic risk and institutional design of financial markets, responding to a number of questions: In terms of systemic risk, what precisely is the problem and what can be done about it? How should systemic risk be regulated? What should be the role of the central bank, banking authorities, and securities regulators? Should countries implement a macroprudential regulator? If not, how is macroprudential regulation to be addressed within their respective legislative schemes? What policy mechanisms can be employed when developing regulation relating to financial markets? A significant and timely examination of one of the most intractable challenges posed to financial regulation.

MARC

LEADER 00000cam a2200000 i 4500
001 10981033
003 ICU
005 20170313122406.9
008 160804s2016 enk b 001 0 eng
019 |a 949911594 
020 |a 9780198777625  |q hardcover 
020 |a 0198777620  |q hardcover 
035 |a (OCoLC)955313080  |z (OCoLC)949911594 
040 |a ERASA  |b eng  |e rda  |c ERASA  |d YDXCP  |d BTCTA  |d NhCcYBP 
050 4 |a XXK1066  |b .S97 2016 
082 0 4 |a 346/.082  |2 23 
090 |a XXK1066  |b .S97 2016 
245 0 0 |a Systemic risk, institutional design, and the regulation of financial markets /  |c edited by Anita Anand. 
250 |a First edition. 
264 1 |a Oxford ;  |a New York :  |b Oxford University Press,  |c 2016. 
264 |a ©2016 
300 |a xxi, 221 pages ;  |c 24 cm 
336 |a text  |b txt  |2 rdacontent  |0 http://id.loc.gov/vocabulary/contentTypes/txt 
337 |a unmediated  |b n  |2 rdamedia  |0 http://id.loc.gov/vocabulary/mediaTypes/n 
338 |a volume  |b nc  |2 rdacarrier  |0 http://id.loc.gov/vocabulary/carriers/nc 
504 |a Includes bibliographical references and index. 
520 8 |a Following the recent financial crisis, regulators have been preoccupied with the concept of systemic risk in financial markets, believing that such risk could cause the markets that they oversee to implode. At the same time, they have demonstrated a certain inability to develop and implement comprehensive policies to address systemic risk. This inability is due not only to the indeterminacy inherent in the term 'systemic risk' but also to existing institutional structures which, because of their existing legal mandates, ultimately make it difficult to monitor and regulate systemic risk across an entire economic system. Bringing together leading figures in the field of financial regulation, this collection of essays explores the related concepts of systemic risk and institutional design of financial markets, responding to a number of questions: In terms of systemic risk, what precisely is the problem and what can be done about it? How should systemic risk be regulated? What should be the role of the central bank, banking authorities, and securities regulators? Should countries implement a macroprudential regulator? If not, how is macroprudential regulation to be addressed within their respective legislative schemes? What policy mechanisms can be employed when developing regulation relating to financial markets? A significant and timely examination of one of the most intractable challenges posed to financial regulation. 
650 0 |a Financial institutions  |x Law and legislation.  |0 http://id.loc.gov/authorities/subjects/sh85048308 
650 0 |a Financial risk management.  |0 http://id.loc.gov/authorities/subjects/sh2005007073 
650 7 |a Financial institutions  |x Law and legislation.  |2 fast  |0 http://id.worldcat.org/fast/fst00924669 
650 7 |a Financial risk management.  |2 fast  |0 http://id.worldcat.org/fast/fst01739657 
700 1 |a Anand, Anita,  |d 1967-  |e editor.  |0 http://id.loc.gov/authorities/names/no2013024417  |1 http://viaf.org/viaf/106141474 
903 |a HeVa 
929 |a cat 
999 f f |i 0d14938a-e545-57ad-aea4-62c9ef4a667c  |s 0c5798c3-be51-598d-bc71-2e34ccb955c5 
928 |t Library of Congress classification  |a XXK1066.S97 2016  |l DLL  |c DLL-Law  |i 9466222 
927 |t Library of Congress classification  |a XXK1066.S97 2016  |l DLL  |c DLL-Law  |b 74459362  |i 9724410