Global regulatory standard setting is one of the most lucrative battlefields of the international
political economy. Asymmetric influence and regulatory capture in setting such standards …

Why do jurisdictions comply (or not) with international soft law in finance? This research
systematically links international and domestic explanations of compliance by highlighting …

The author provides a theoretical framework of the global political economy of banking
regulation and analyses the policies and politics of the Basel Committee on Banking …

The disastrous performance of European financial-market regulation during the 2008
financial crisis convinced the European powers-that-be of the urgent need for further …

The Basel Committee on Banking Supervision (bcbs) was established in 1974 as an
informal group of central bankers and bank supervisors with the mandate to formulate …

We analyze the impact of the Volcker Rule on a bank's earnings and default probability by
using a stochastic control model where the bank maximizes its value by selecting an optimal …

Global Finance in the 21st Century: Stability and Sustainability in a Fragmenting World
explains finance and its regulation after the global financial crisis. The book introduces non …

Different types of authorities take part in the global financial architecture: international,
transnational and national; public and private. The FSB, strengthened in 2009, aims at …

The unprecedented growth and expansion of global trade and finance in the world today
calls for a harmonized global rulemaking system more than ever to accommodate the …

“The success of our coordinated effort to respond to the recent crisis has increased the case
for more sustained and systematic international cooperation,” the heads of state of 20 of the …