Implementing Financial Regulation: Theory and Practice
by Joanna Gray, Jenny Hamilton
ISBN: 978-0-470-86929-1
288 pages
2006
Now that the Financial Services and Markets Act 2000 has had a chance to bed itself down and the Financial Services Authority (FSA) is developing its new regulatory toolkit and modus operandi, financial regulation has moved on in interesting directions. This book takes a critical look at the principles and practices behind this regulation, as well as the theory that is involved.
This book goes further than a description of the laws that are currently out there, by analysing the impact and implications of the new financial regulations, making it a ’must-read’ for law, finance and accounting practitioners. Coverage includes: Regulation and compliance; disclosure risk and regulation and stakeholders in financial regulation.
Contents
Preface ix
Acknowledgements xiii
1 Regulation in context 1
2 Aligning risk and regulation:FSA’s risk-based operating
framework 25
3 Regulation within the regulated firm:legislation and rules 55
4 Senior management regulation:evidence and practice
since N2 93
5 The wider regulatory and legal context for senior
management 143
6 Regulation and the emergence of the financial citizen 187
7 An illustrated critique of meta regulation and concluding
comments 227
Index 265