Comparative Financial Regulation investigates the key drivers of divergence and convergence in financial regulation and analyses the consequences in terms of market efficiency, investor protection and financial stability. It adopts a broad view of the financial system and promotes a functional understanding of the regulation of securities markets, banks, derivatives and payments.
Emphasising the importance of a comparative approach to financial regulation, contributing authors present critical examinations across a variety of national jurisdictions in Asia, the Americas and Europe, going beyond the black-letter comparison of different national regulatory regimes. They present a comprehensive overview of how the level of cross-border convergence and divergence varies across sectors of the financial system. Chapters cover the latest regulatory developments related to blockchain and sustainable finance and explore how sectors of the financial system are adapting to current challenges such as geopolitical risk, climate change and cyber warfare.
Providing analytical tools to understand and interpret financial regulation, this Research Handbook is invaluable to students and academics in comparative law, finance and banking law, financial economics, and regulation and governance. It is also an important resource for practitioners in the field.