Table of Contents

GENERAL OVERVIEW 1. Regulating Financial Services and Markets in the Twenty First Century: An Overview Eilís Ferran and Charles A.E. Goodhart 2. Reforming Financial Regulation: Progress and Priorities Howard Davies OBJECTIVES AND PRINCIPLES 3. Regulatory Principles and the Financial Services and Markets Act 2000 Colin Mayer 4. Examining the Objectives of Financial Regulation—Will the New Regime Succeed? A Practitioner’s View Amelia C. Fawcett 5. Incentive v. Rule-Based Financial Regulation: A Role for Market Discipline Rahul Dhumale REGULATION OF SENIOR MANAGEMENT 6. Directors’ Fiduciary Duties and the Approved Persons Regime Colin Bamford 7. Fiduciary Duties, Regulation of Companies and Regulation of Individuals Sir Adam Ridley DISCIPLINE, ENFORCEMENT AND HUMAN RIGHTS 8. Regulatory Discipline and the European Convention on Human Rights—A Reality Check Daniel F. Waters and Martyn Hopper 9. Holding the Balance—Effective Enforcement, Procedural Fairness and Human Rights Thomas A.G. Beazley ACCOUNTABILITY 10. Regulating the Regulator—A Lawyer’s Perspective on Accountability and Control Alan Page 11. Regulating the Regulator—An Economist’s Perspective on Accountability and Control Charles A.E. Goodhart 12. Public Accountability in the Financial Sector Rosa M. Lastra and Heba Shams EUROPEAN REGULATION 13. Regulating European Markets: The Harmonisation of Securities Regulation in Europe in the New Trading Environment Eddy Wymeersch 14. The Case for a European Securities Commission Gilles Thieffry INTERNATIONAL REGULATION 15. New Issues in International Financial Regulation John Eatwell 16. The Financial Stability Forum (FSF): Just Another Acronym? Andrew G. Haldane 17. The Need for Efficient International Financial Regulation and the Role of a Global Supervisor Kern Alexander ROLE OF RATING AGENCIES 18. The Role of Rating Agencies in Global Market Regulation Steven L. Schwarcz 19. The Role of Credit Rating Agencies in the Establishment of Capital Standards for Financial Institutions in a Global Economy Howell E. Jackson TECHNOLOGICAL CHANGE AND REGULATION 20. The Challenge of Technology—Regulation of Electronic Financial Markets

About the Author

Eilis Ferran is a University Lecturer and Fellow in Law of St Catharine's College, Cambridge. She is also Director of 3CL, The Cambridge Centre for Corporate and Commercial Law. Charles Goodhart is Professor of Economics at the London School of Economics.

Reviews

I found this a very enjoyable and informative book and immediately ordered it for our law library. I must congratulate the authors and/or editors in managing to avoid serious overlaps between the various contributions. The range of essays is considerableI will certainly be recommending it to my students to dip in to.
*New Law Journal*