Financial Regulatory Structure for the Optimization of the Values of Regulation and Policy Implications

This chapter describes the overall legal and regulatory framework supporting financial markets in Hong Kong. This is developed in tandem with, and in response to, their characteristics. Regulatory reforms in the financial markets of Hong Kong have typically been developed after a financial crisis and market failure. However, while Hong Kong has not always had effective systems of financial regulation, it has been steadily strengthening its regulatory framework both for financial markets and institutions. This chapter argues that the increasing effectiveness of its legal and institutional regulatory framework has enhanced its development as an international financial centre over the past two decades and will be vital to its continued success in the future. The chapter concludes by outlining the common objectives of the Hong Kong financial regulators today.

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Financial Regulatory Structure and the Resolution of Conflicting Goals

SSRN Electronic Journal ◽

10.2139/ssrn.2491291 ◽

1999 ◽

Author(s):

Larry D. Wall ◽

Robert A. Eisenbeis

Keyword(s):

Regulatory Structure ◽

Financial Regulatory ◽

Conflicting Goals

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Feeding others' children : a comparative ethnography of school food service employees and how they make meaning

10.32469/10355/57367 ◽

2016 ◽

Author(s):

◽

Ashley D. Vancil-Leap

Keyword(s):

Participant Observation ◽

Food Service ◽

The United States ◽

School Nutrition ◽

Policy Implications ◽

Regulatory Structure ◽

School Food ◽

Service Employees ◽

School Food Service ◽

Food Service Employees

[ACCESS RESTRICTED TO THE UNIVERSITY OF MISSOURI AT REQUEST OF AUTHOR.] Utilizing 18 months of participant observation, 25 in-depth interviews and numerous textual sources, this research is an ethnography at an elementary, middle, and high school looking at how school food service employees (i.e. lunch ladies) make meaning out of this low-status, low-paying occupation in the context of changes to federal policies on school nutrition. Overall, I argue that lunch ladies use care work as resources in mundane, yet unique, ways even as their work is shaped and constrained by the financial and regulatory structure changes of the National School Lunch and Breakfast Programs. The goal is to show how food, femininity and labor are interrelated to produce inequalities, as well as, create opportunities for equality. Consequently, this project possesses social, cultural, and policy implications by analyzing an invisible group that provides service to every school in the United States and who influence student's school food choices.

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Treasury department's proposed overhaul of the financial regulatory structure: a look at the blueprint and a look ahead

Journal of Investment Compliance ◽

10.1108/15285810810908716 ◽

2008 ◽

Vol 9 (3) ◽

pp. 29-40 ◽

Cited By ~ 1

Author(s):

Brandon Becker ◽

Elizabeth K. Derbes ◽

Russell J. Bruemmer ◽

Franca Harris Gutierrez ◽

Martin E. Lybecker

Keyword(s):

Regulatory Structure ◽

Look Ahead ◽

Financial Regulatory

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Financial Liberalization, Financial Conglomerates and Financial Regulatory Structure

Financial Stability, Economic Growth, and the Role of Law ◽

10.1017/cbo9780511511431.009 ◽

2009 ◽

pp. 262-290

Author(s):

Douglas W. Arner

Keyword(s):

Financial Liberalization ◽

Regulatory Structure ◽

Financial Conglomerates ◽

Financial Regulatory

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Over-the-Counter Derivatives Regulation in Hong Kong and Singapore

Brill Research Perspectives in International Banking and Securities Law ◽

10.1163/24056936-12340006 ◽

2019 ◽

Vol 1 (4) ◽

pp. 1-50

Author(s):

Christopher Chen

Keyword(s):

European Union ◽

Hong Kong ◽

Financial Crisis ◽

Global Financial Crisis ◽

Asia Pacific ◽

Regulatory Structure ◽

Over The Counter ◽

Regulatory Mandates ◽

The Global Financial Crisis ◽

Financial Regulatory

Abstract In this article, Dr Christopher Chen examines and compares the regulation of over-the-counter derivatives in Hong Kong and Singapore, the two largest international financial centres in Asia Pacific. Dr Chen analyses current or proposed regulations on trade reporting, centralised clearing and mandatory exchange trading mandates regarding OTC derivatives against the backdrop of reforms of international financial regulatory structure after the global financial crisis. The article also relates the reforms in Asia to development in major Western markets such as the U.S., U.K. or European Union. Apart from technical comparison and dissecting of content of rules from different angles, this article also examines the rationale behind those reforms and policy concerns behind Asian adoption of the regulatory mandates prescribed by G20 as well as potential policy concerns (such as competition and extraterritoriality) in a market that is dominated by Western banks.

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The Evolution of the Financial Crisis of 2007—8

National Institute Economic Review ◽

10.1177/0027950108099838 ◽

2008 ◽

Vol 206 ◽

pp. 5-14 ◽

Cited By ~ 25

Author(s):

Ray Barrell ◽

E. Philip Davis

Keyword(s):

Financial Crisis ◽

North America ◽

Interest Rates ◽

Asset Price ◽

Banking Crises ◽

Policy Implications ◽

Regulatory Structure ◽

Financial Products ◽

Price Bubble

The financial crisis that started in August 2008 has reached a climax in the autumn of 2008 with a wave of bank nationalisations across North America and Europe. Although banking crises are not uncommon, this is the largest since 1929–33. This paper discusses the build-up to the crisis, looking at the role of low real interest rates in stimulating an asset price bubble. That bubble was stocked by financial innovation and increases in lending. New financial products were not stress tested and have failed in the downturn. After discussing the bubbles we look at the collapse of the complex asset structure, and then put the crisis in the context of the literature. The paper concludes with a discussion of policy implications of the crisis, and advocates a significant improvement in the regulatory structure.

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