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. This book offers a timely exploration of the "Why, How and Where Now" of financial regulation in the aftermath of the crisis in order to map out the future trajectory of financial regulation in an age where responsibility, especially social responsibility is being emphasised.This book offers an important contribution to continuing reflections on the role of financial regulation, market discipline and corporate responsibility in the financial sector, and upon the roles of regulatory authorities, markets and firms in ensuring the financial health and security of all in the future.
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Mads Andenas is a Professor of Law at the University of Oslo where he directs the project 'International Financial Market Regulation, Institutions and Efficiency' funded by the Norwegian Finance Market Fund, and the director of the Centre for Corporate and Financial Law at the Institute of Advanced Legal Studies, University of London.
Iris (H-Y) Chiu is a Reader in Laws at University College London. She is the author of The Foundations and Anatomy of Shareholder Activism (Oxford: Hart Publishing, October 2010) and Regulatory Convergence in EU Securities Regulation (London: Kluwer Law International, 2008).
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