Regulating (From) the Inside : The Legal Framework for Internal Control in Banks and Financial Institutions
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Overview
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.
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Details
- ISBN-13: 9781509920099
- ISBN-10: 1509920099
- Publisher: Bloomsbury Publishing PLC
- Publish Date: January 2018
- Dimensions: 9.21 x 6.14 x 0.74 inches
- Shipping Weight: 1.1 pounds
- Page Count: 360
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