Regulating (From) the Inside The Legal Framework for Internal Control in Banks and Financial Institutions

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Synopsis

This book examines a key aspect of the post-financial crisis reform package in the EU and UK-the ratcheting up of internal control in banks and financial institutions. The legal framework for internal controls is an important part of prudential regulation, and internal control also constitutes a form of internal gate-keeping for financial firms so that compliance with laws and regulations can be secured. This book argues that the legal framework for internal control, which is a form of meta-regulation, is susceptible to weaknesses, and such weaknesses are critically examined by adopting an interdisciplinary approach. The book discusses whether post-crisis reforms adequately address the weaknesses in regulating internal control and proposes an alternative strategy to enhance the 'governance' effectiveness of internal control.

Book details

Author:
Iris H-Y Chiu
ISBN:
9781509901395
Related ISBNs:
9781509920099
Publisher:
Bloomsbury Publishing
Pages:
N/A
Reading age:
Not specified
Includes images:
Yes
Date of addition:
2019-11-03
Usage restrictions:
Copyright
Copyright date:
2015
Copyright by:
Iris H-Y Chiu 
Adult content:
No
Language:
English
Categories:
Business and Finance, Law, Legal Issues and Ethics, Nonfiction