Grounding its analysis in the historical evolution of financial regulation, this book addresses a range of public policy issues that concern the design of financial regulation and its enforcement, and contributes several new ideas to the debate in this field. Financial systems have become more competitive across sectors of financial institutions and nations, and direct regulations have been removed in pursuit of effeciency. However, as the risk of institutional failures has increased, de-regulation has had to be followed by re-regulation. In which form should this happen? This book answers this question.
|Publisher:||Oxford University Press, USA|
|Edition description:||New Edition|
|Product dimensions:||9.30(w) x 6.20(h) x 0.70(d)|
About the Author
Tommaso Padoa-Schioppa has been a Member of the Executive Board of the European Central Bank since June 1998. Previously, he has been Director-General for Economic and Financial Affairs at the Commission of European Communities, Brussels, Deputy Director General of the Banca d'Italia, and Chairman of CONSOB (Commissione Nazionale per le Società e la Borsa). He has also held several senior international positions, such as Chairman of the Basel Committee on Banking Supervision, and is currently the Chairman of the G-10 Committee on Payments and Settlement Systems. He is the author of The Road to Monetary Union in Europe and other books, essays, and articles.