International Law in Financial Regulation and Monetary Affairs

by Jackson, John H.; Cottier, Thomas; Lastra, Rosa M.

• ISBN13: 9780199668199
• ISBN10: 0199668191
• Format: Hardcover
• Copyright: 2012-12-02
• Publisher: Oxford University Press

Summary

This is a must book to understand the field of international financial and monetary law. It presents a number of papers by a distinguished group of experts that analyse the emerging framework in international law that should govern financial institutions and markets on the one hand and monetary policies and monetary regulation on the other hand. The book deals with cross border issues and, given the importance of trade regulation and WTO law, they seek toestablish linkages and make comparisons wherever suitable.

Table of Contents

Introduction, Thomas Cottier and Rosa Lastra
I. The Crisis of 2007-2009: Nature, Causes, and Reactions
1. The Crisis Of 2007-09: Nature, Causes, and Reactions, Rosa M. Lastra and Geoffrey Wood
II. Architecture and Conceptual Issues
2. Systemic Regulation Of Global Trade and Finance: A Tale of Two Systems, R. Michael Gadbaw
3. The International Monetary System: A Look Back Over Seven Decades, Andreas F. Lowenfeld
4. Towards a New Architecture for Financial Stability: Seven Principles, Luis Garicano and Rosa M. Lastra
5. Why Soft Law Dominates International Finance - and Not Trade, Chris Brummer
6. The 'Santiago Principles' for Sovereign Wealth Funds: A Case Study on International Financial Standard-Setting Processes, Joseph J. Norton
III. Financial Market Regulation
7. The Role and Prospects of International Law in Financial Regulation and Supervision, Christian Tietje and Matthias Lehmann
8. Multilayered Governance in International Financial Regulation and Supervision, Rolf H. Weber
9. Border Problems, Charles A. E. Goodhart and Rosa M. Lastra
10. The International Law of Financial Crisis: Spillovers, Subsidiarity, Fragmentation, and Cooperation, Joel P. Trachtman
11. Addressing Government Failure Through International Financial Law, Steve Charnovitz
12. Reducing Systemic Risk Through The Reform of Capital Regulation, Hal S. Scott
13. The Role of Transparency in Financial Regulation, Christine Kaufmann and Rolf H. Weber
14. Global Securities Regulation After The Financial Crisis, Donald C. Langevoort
IV. Trade, Competition, and Tax Related Aspects
15. What Role for Non-Discrimination and Prudential Standards in International Financial Law?, Thomas Cottier and Markus Krajewski
16. Financial Services Trade After The Crisis: Policy and Legal Conjectures, Panagiotis Delimatsis and Pierre Sauve'
17. WTO Subsidies Discipline During and After The Crisis, Gary N. Horlick and Peggy A. Clarke
18. The Role of Competition and State Aid Policy in Financial and Monetary Law, Philip Marsden and Ioannis Kokkoris
19. International Regulatory Reform and Financial Taxes, Kern Alexander
V. Monetary Regulation
20. The Role of International Law in Monetary Affairs, Ernst Baltensperger and Thomas Cottier
21. Financial Stability and Monetary Policy: Need for International Surveillance, Gary Hufbauer and Daniel Danxia Xie
22. Enhancing The IMF's Regulatory Authority, Sean Hagan
Conclusion, Thomas Cottier and Rosa Lastra