Financial Market Regulation: Legislation and Implications by John A. Tatom

By John A. Tatom

What position may still legislation play in monetary markets? What were the ramifications of monetary law? to reply to those and different questions concerning the efficacy of laws on monetary markets, this ebook examines the impression of the Gramm Leach Bliley Act (GLBA), also known as the monetary Modernization Act of 1999, which essentially replaced the monetary panorama within the usa. The GLBA permits the formation of economic keeping businesses which may supply an built-in set of industrial banking, securities and coverage items. The 10th anniversary of the main sweeping monetary laws reform within the industry’s constitution is a ordinary benchmark for assessing the results of the legislations and for wondering even if adjustments are precious within the operating of this ancient laws.

The significance of this assessment is bolstered through quite a few proposals within the final a number of years to reform the law of monetary associations that experience attracted huge recognition between regulators and within the monetary organisations that they control. such a lot lately, the monetary challenge and the failure of a few huge monetary associations have known as into query the legitimacy of America’s present monetary constitution and its rules, together with to a point the GLBA. there isn't any doubt that regulatory reform is entrance and heart on today’s coverage time table. the teachings of the GLBA event and its results, either family and foreign, on monetary markets and competitiveness, risk-taking and probability administration through monetary prone enterprises and their regulators can be severe to the course the rustic takes and the hassle to make sure that destiny monetary crises don't happen or have more cost-effective harm. With contributions from teachers, coverage specialists, and a sponsor of the GLBA, Congressman James Leach, this e-book is valuable to a person drawn to economy reform.

Show description

Read Online or Download Financial Market Regulation: Legislation and Implications PDF

Best banks & banking books

Informal Funds Transfer Systems: An Analysis of the Informal Hawala System (IMF's Occasional Papers)

Because the terrorist assaults of September eleven, 2001, there was elevated public curiosity in casual money move (IFT) platforms. This paper examines the casual hawala process, an IFT process came upon predominantly within the center East and South Asia. The paper examines the historic and socioeconomic context during which the hawala has advanced, the operational gains that make it at risk of power monetary abuse, the financial and financial implications for hawala-remitting and hawala-recipient nations, and present regulatory and supervisory responses.

Financial Market Regulation: Legislation and Implications

What function may still rules play in monetary markets? What were the ramifications of economic rules? to reply to those and different questions in regards to the efficacy of laws on monetary markets, this e-book examines the impression of the Gramm Leach Bliley Act (GLBA), also referred to as the monetary Modernization Act of 1999, which essentially replaced the monetary panorama within the usa.

From Fragmentation to Financial Integration in Europe

From Fragmentation to monetary Integration in Europe is a accomplished examine of the ecu Union economic climate. It presents an summary of the problems relevant to securing a more secure economy for the ecu Union and appears on the responses to the worldwide monetary obstacle, either on the macro level—the pendulum of monetary integration and fragmentation—and on the micro level—the institutional reforms which are occurring to handle the hindrance.

Financial Crisis and Bank Management in Japan (1997 to 2016): Building a Stable Banking System (Palgrave Macmillan Studies in Banking and Financial Institutions)

This publication explores the demanding situations confronted through the japanese economic system and the japanese banking undefined following the monetary main issue that emerged round the flip of the final millennium. the writer explores how the japanese monetary concern of the overdue Nineties engendered large restructuring efforts within the banking undefined, which finally resulted in much more sweeping alterations of the industrial method and long term deflation within the 2000s.

Additional info for Financial Market Regulation: Legislation and Implications

Sample text

Download PDF sample

Rated 4.89 of 5 – based on 24 votes