000			03018cam a2200385 i 4500
005			20250919011755.0
008			160414t20152015enk b 001 0 eng
020			_a9780415712170 _qhardback _cRM408.45
020			_z9781315884233 _qebook
039		9	_a201703241101 _badnan _c201703061530 _dmasrul _y04-14-2016 _zmasrul
040			_aDLC _beng _cDLC _erda _dDLC _cUKM _erda
043			_ae-uk-en
090			_aC8.3KD.D646 2
090			_aC8.3KD _b.D646 2
100	1		_aDorn, Nicholas, _eauthor.
245	1	0	_aDemocracy and diversity in financial market regulation / _cNicholas Dorn.
264		1	_aAbingdon, Oxon : _bRoutledge, _c2015.
264		4	_c©2015
300			_axix, 182 pages ; _c24 cm.
336			_atext _2rdacontent
337			_aunmediated _2rdamedia
338			_avolume _2rdacarrier
504			_aIncludes bibliographical references (pages 153-174) and index.
520			_a'The book introduces international developments through a hundred years history of regulation on the City of London. Regulation is shown to be a historically-entrenched masquerade: private regulation behind a public facade. The UK reconciled the coming of democracy with a continuation of private regulation in the City by holding them separate. International networking and EU integration channelled UK and US traditions and their consequences into Europe. The pre-crisis myth was that expertise could steer financial markets. Technocrats drove policies. Agenda making drifted upward, from the national (or more specifically city) level, to international networks. Convergence of regulatory thinking and rule making levelled the'playing field' - to the advantage of large transnational market participants, yet exacerbating market herding, similarity of business strategies, connectedness, contagion and crises. Democratic steering has the potential to introduce greater diversity into international regulatory regimes. Yet powerful forces continue to push for greater convergence and less democracy. In reaction to the Eurozone crisis, policy elites constructed new'mechanisms', minimising influences from European and national courts, parliaments and citizens. The US, having developed the default option of public bailout of private risk-taking, urged bank bailouts in the Eurozone, weakening sovereigns. Technocracy was wounded by crises but then rebounded. Democracy and Diversity in Financial Market Regulation will appeal to all those looking for a historically, politically and culturally based approach to financial market regulation.'-- _cProvided by publisher.
650		0	_aFinancial services industry _xGovernment policy _zEngland _zLondon.
650		0	_aFinancial institutions _xGovernment policy _zEngland _zLondon.
650		0	_aDemocracy _zEngland _zLondon.
907			_a.b16310676 _b2019-11-12 _c2019-11-12
942			_c01 _n0 _kC8.3KD.D646 2
914			_avtls003604486
990			_amab
991			_aFakulti Undang-Undang
998			_au _b2016-01-04 _cm _da _feng _genk _y0 _z.b16310676
999			_c608592 _d608592