Its focus on the prudential, global regulation of financial institutions drives this books unique exploration of global policy principles.  Integrating theory, history, and policy debates, it provides a high-level, strategic treatment of the regulation of global banking.  With finely focused definitions and an intuitive scope, the authors pay particular attention to the international standards set by bodies such as the Basel Committe on Banking Supervision and the European Union. By beginning with the main justifications for the prudential regulation of banks and concluding in 2009, after regulators had proposed significant solutions to the crash, this lucid and engaging account of the principles, policies, and laws related to the regulation of international banking explains why and how governments work so hard on a convergence of rules and regulations.

　　Heidi Mandanis Schooner
　　Michael Taylor

Introduction: The Global Financial System and the Problems of Regulation
The Changing Nature of Banks
Panics, Bank Runs and Coordination Problems
Collapsing Dominos and Asset Price Spirals
The Financial Safety Net and Moral Hazard
Sources of Bank Regulation
Bank Licensing and Corporate Governance
Bank in Corporate Groups: Ownership and Affiliation
Bank Capital: Why Regulate Capital
Bank Capital: The New Capital Adequacy Framework: Basel II and Credit Risk
Bank Capital: The New Capital Adequacy Framework: Basel II and Other Risk
Direct Controls on Risk-Taking
Consolidated Supervision and Financial Conglomerates
Anti-Money Laundering/ Countering the Financing of Terrorism
Bank Closures (still drafting)
Institutional Structure of Regulation
Regulation After the Global Financial Crisis
Appendix: Introduction to Economic Concepts