An accessible, comprehensive analysis of the main principles and rules of banking regulation in the post-crisis regulatory reform era, this textbook looks at banking regulation from an inter-disciplinary perspective across law, economics, finance, management and policy studies. It provides detailed coverage of the most recent international, European and UK bank regulatory and policy developments, including Basel IV, structural regulation, bank resolution and Brexit, and considers the impact on bank governance, compliance, risk management and strategy.
Examines bank regulation from an inter-disciplinary perspective across law, economics, finance, management and policy studies
Covers recent developments that effect banking regulation, such as ring-fenced banking, risk culture, Basel IV and Brexit
Includes a close examination of how the philosophy and institutional design of banking regulation has changed following the crisis of 2007–8, and some of the main regulatory, legal, governance and policy challenges
Kern Alexander is Professor of Banking and Financial Market Regulation at the University of Zurich and Academic Programme Director in Financial Regulation for the Cambridge Judge Business School's Centre for Compliance and Trust. He has taught international economics and law, banking and financial regulation and corporate law at the Universities of Cambridge, Queen Mary University of London, and University of Zurich. He is a financial regulation and governance expert who has authored numerous books and articles and has advised the British Parliament, the European Parliament, UK Treasury and Serious Fraud Office on bank governance, regulatory and legal compliance issues.
1. The business of banking
2. Economic theories and institutional design
3. International banking regulation
4. Capital adequancy and risk management
5. Corporate governance and legal dimension
6. Deposit insurance and bank resolution
7. Structural regulation
8. Liability for bank misselling
9. Misconduct and administrative sanctions
10. Shadow banking
11. Risk culture and banking regulation / regulating risk culture
13. Environmental and social sustainability challenges
14. Administrative sanctions and regulatory enforcement
15. Future challenges for banking regulation.