Reconceptualising Global Finance and its Regulation

AIIFL ARCHIVE | Financial Law and Regulation

We are pleased to announce that “Reconceptualising Global Finance and its Regulation” has been published by Cambridge University Press. The book arose from a conference of the same title held in December 2013 at HKU’s Asian Institute of International Financial Law (AIIFL) and co-hosted by the University of Edinburgh and the University of New South Wales.

Edited by Ross Buckley, Emilios Avgouleas and Douglas Arner, the book brings together contributions from leading scholars and practitioners around the world, addressing key theme of the global financial system and its regulation. The current global financial system may not withstand the next global financial crisis. In order to promote the resilience and stability of our global financial system against future shocks and crises, a fundamental reconceptualisation of financial regulation is necessary. This reconceptualisation must begin with a deep understanding of how today’s financial markets, regulatory initiatives and laws operate and interact at the global level. This book undertakes a comprehensive analysis of such diverse areas as regulation of financial stability, modes of supply of financial services, market infrastructure, fractional reserve banking, modes of production of global regulatory standards and of the pressing need to reform financial sector ethics and culture. Based on this analysis, Reconceptualising Global Finance and its Regulation proposes realistic reform initiatives, which will be of primary interest to regulatory and banking legal practitioners, policy makers, scholars, research students and think tanks.

More information about the book is available at