Product Description: 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...read more

Product Description: Financial regulation has entered into a new era, as many foundational economic theories and policies supporting the existing infrastructure have been and are being questioned following the financial crisis. Goodhart et al’s seminal monograph "Financial Regulation: Why, How and Where Now?" (Routledge:1998) took stock of the extent of financial innovation and the maturity of the financial services industry at that time, and mapped out a new regulatory roadmap...read more

Product Description: This comprehensive and comparative study examines the landscape of contemporary shareholder activism in the UK, focusing on minority shareholder activism in publicly listed companies. It argues that contemporary shareholder activism in the UK is dominated by two groups: the institutional shareholders whose shareholder activism is largely seen as a driving force for good corporate governance, and the hedge funds whose shareholder activism is based on value extraction and exit...read more

Product Description: EU securities regulation has embarked on an unprecedented movement towards regulatory convergence, which is seen as necessary to facilitate a single capital market. The relevant new Directives generally provide for comprehensive coverage of regulatory standards, as distinct from the old approach of minimum harmonization...read more