The Ferran, Eilís creator author. Moloney, Niamh author. Hill, Jennifer G. author. Coffee, Jr, John C. author. text enk 2012 monographic eng

electronic

1 online resource (432 pages) : digital, PDF file(s). The EU and the US responded to the global financial crisis by changing the rules for the functioning of financial services and markets and by establishing new oversight bodies. With the US Dodd–Frank Act and numerous EU regulations and directives now in place, this book provides a timely and thoughtful explanation of the key elements of the new regimes in both regions, of the political processes which shaped their content and of their practical impact. Insights from areas such as economics, political science and financial history elucidate the significance of the reforms. Australia's resilience during the financial crisis, which contrasted sharply with the severe problems that were experienced in the EU and the US, is also examined. The comparison between the performances of these major economies in a period of such extreme stress tells us much about the complex regulatory and economic ecosystems of which financial markets are a part. Eilís Ferran, Niamh Moloney, Jennifer G. Hill, John C. Coffee, Jr. Title from publisher's bibliographic system (viewed on 09 Oct 2015). K1066 .R433 2012 346/.08 9781139175821 (ebook) http://dx.doi.org/10.1017/CBO9781139175821 http://dx.doi.org/10.1017/CBO9781139175821 UkCbUP 111014 20180107143410.0 CR9781139175821