Financial Regulation

Charles Goodhart is Deputy Director of the Financial Markets Group and Norman Sosnow Professor of Banking and Finance at the London School of Economics and was recently appointed a member of the Bank of England Monetary Policy Committee.Philipp Harrmann was Research Fellow for Financial Regulation at the LSE's Financial Markets Group at the time of this book's preparation and is now an economist at the European Monetary Institute in Frankfurt., David Llewellyn is Professor of Money and Banking at Loughborough University and a director of the Personal Investment Authority., Liliana Rojas-Suárez is Principal Adviser at the Inter-American Development Bank, Washington, DC. Steven Weisbrod is an independent consultant who specialises in analysing financial institutions and markets for government and international agencies and private corporations.George Eddie Governor of the Bank of England.

• Chapter 1 The rationale for regulation; Chapter 2 Barings and the need to recast the form of external regulation in developed countries; Chapter 3 Incentive structures for financial regulation; Chapter 4 Proportionality; Chapter 5 The new techniques for risk management; Chapter 6 Regulation in developing countries; Chapter 7 Managing financial crises in industrial and developing countries; Chapter 8 The institutional structure of financial regulation; Chapter 9 Summary of policy conclusions; Appendix Central Bank Governors' Symposium Part Icipant; Notes; Bibliography; Index;