... a wide-ranging historically and comparatively very deep and comprehensive commentary but which is also very contemporary and forward-looking on many or most of the issues relevant in modern transnational commercial contract and financial transactions (<i>International and Comparative Law Quarterly</i>)<br/><br/>Volume 6 of this new edition deals with financial regulation of banks and banking activities and products. It critically reviews micro-prudential regulation the need for macro-prudential supervision and an independent macro-prudential supervisor the role of resolution authorities the operation of the shadow banking system and the extraterritorial reach and international recognition of financial regulation. <br/><br/>The volume considers in particular the fallout from the 2008 financial crisis and the subsequent regulatory responses in the US and Europe.<br/><br/>The complete set in this magisterial work is made up of 6 volumes. Used independently each volume allows the reader to delve into a particular topic. Alternatively all volumes can be read together for a comprehensive overview of transnational comparative commercial financial and trade law.
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