By
Heidi Mandanis Schooner, Columbus School of Law, The Catholic University of America, Washington D.C.
Michael Taylor, International Monetary Fund
Description
Its focus on the prudential, global regulation of financial institutions drives this book's unique exploration of global policy
principles. Integrating theory, history, and policy debates, it provides a high-level, strategic treatment of the regulation of
global banking. With finely focused definitions and an intuitive scope, the authors pay particular attention to the international
standards set by bodies such as the Basel Committe on Banking Supervision and the European Union. By beginning with the main justifications
for the prudential regulation of banks and concluding in 2009, after regulators had proposed significant solutions to the crash, this
lucid and engaging account of the principles, policies, and laws related to the regulation of international banking explains why and
how governments work so hard on a convergence of rules and regulations.
