Financial Regulation in Crisis?: The Role of Law and the Failure of Northern Rock - Couverture rigide

 
9781848445543: Financial Regulation in Crisis?: The Role of Law and the Failure of Northern Rock
Couverture rigide
ISBN 10 : 1848445547 ISBN 13 : 9781848445543
Editeur : Edward Elgar Publishing Ltd, 2011

Synopsis

The depositor run on the Northern Rock bank in September 2007, which led to the bank's subsequent nationalization was the first run on a UK bank for nearly 150 years and was a seminal moment in the unfolding global financial crisis.

This book provides a detailed legal analysis of the role played by financial law and regulation during this event, and the impact the episode made on the law. The contributors to the book explore and elaborate upon the legal technique of securitization, and how Northern Rock itself created and employed securitized financial assets. There is also in-depth discussion and analysis of the origin of the problems experienced in the wholesale interbank markets surrounding the Northern Rock crisis. Chapters focus on risk-based financial regulation, depositor protection, and bank rescue and resolution mechanisms in the UK before and after the Northern Rock crisis. State aid implications of the nationalization of Northern Rock, and the future of financial regulation are also considered.

This timely new book will appeal to academics, postgraduate and undergraduate students in law and business schools as well as practitioners, regulators and lawmakers.

Contributors include: O. Akseli, A. Campbell, F. De Cecco, J. Gray, J. Hamilton


Contents: Introduction; 1. Securitisation: Was Securitisation the Culprit?; 2. Risk-based Financial Regulation Before and After Northern Rock; 3. Depositor Protection in the UK Before and After the Run on Northern Rock; 4. Bank Rescue Mechanisms in the UK: Before and After Northern Rock; 5. State Aid Implications of the Nationalisation of Northern Rock

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

À propos de l?auteur

Edited by Joanna Gray, Birmingham Law School, University of Birmingham and Orkun Akseli, The University of Manchester, UK

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
Edward Elgar Publishing Ltd
Date d'édition
2011
Langue
anglais
ISBN 10 
1848445547
ISBN 13 
9781848445543
Reliure
Relié
Nombre de pages
128
Éditeur
Gray Joanna, Akseli Orkun
Coordonnées du fabricant
non disponible
Personne responsable
non disponible