Global Financial Regulation by Howard Davies, David Green - 9780745643496

Global Financial RegulationThe Essential Guide (Now with a Revised Introduction)\nAuthor(s): Howard Davies, David Green\nFormat: Hardback\nPublisher: John Wiley and Sons Ltd, United Kingdom\nImprint: Polity Press\nISBN-13: 9780745643496, 978-0745643496\nSynopsis\nAs international financial markets have become more complex, so has the regulatory system which oversees them. The Basel Committee is just one of a plethora of international bodies and groupings which now set standards for financial activity around the world, in the interests of protecting savers and investors and maintaining financial stability. These groupings, and their decisions, have a major impact on markets in developed and developing countries, and on competition between financial firms. Yet their workings are shrouded in mystery, and their legitimacy is uncertain.\nHere, for the first time, two men who have worked within the system describe its origins and development in clear and accessible terms. Howard Davies was.