Regulating (From) the Inside

The Legal Framework for Internal Control in Banks and Financial Institutions

Iris H-Y Chiu (Autor)

Buch | Softcover

360 Seiten

2018
Hart Publishing (Verlag)
978-1-5099-2009-9 (ISBN)

Artikel merken

This book examines a key aspect of the post-financial crisis reform package in the EU and UK—the ratcheting up of internal control in banks and financial institutions. The legal framework for internal controls is an important part of prudential regulation, and internal control also constitutes a form of internal gate-keeping for financial firms so that compliance with laws and regulations can be secured. This book argues that the legal framework for internal control, which is a form of meta-regulation, is susceptible to weaknesses, and such weaknesses are critically examined by adopting an interdisciplinary approach. The book discusses whether post-crisis reforms adequately address the weaknesses in regulating internal control and proposes an alternative strategy to enhance the ‘governance’ effectiveness of internal control.

Iris H-Y Chiu is a Reader in Law at University College London.

Part I: The Elements of Internal Control in Banks and Financial Institutions
1. The Role of Internal Control in the Meta-Regulation of Financial Institutions
2. The Role of Compliance
3. The Role of Risk Management
4. The Role of Internal Audit
5. The Contextual Frameworks of Corporate Governance
Part II: Making Internal Control Effective in Banks and Financial Institutions
6. Regulating Aspects of Corporate Governance and Organisational Culture as a Broader Framework for Internal Control
7. Incentive-Based Approaches to Improve Internal Control Efficacy: Enforcement and Whistle-Blowing
8. The Need for Enhanced Professionalism for Internal Control Functions
9. Concluding Remarks

Erscheinungsdatum	12.08.2017
Verlagsort	Oxford
Sprache	englisch
Maße	156 x 234 mm
Gewicht	499 g
Themenwelt	Recht / Steuern ► EU / Internationales Recht
Themenwelt	Recht / Steuern ► Wirtschaftsrecht ► Bank- und Kapitalmarktrecht
ISBN-10	1-5099-2009-9 / 1509920099
ISBN-13	978-1-5099-2009-9 / 9781509920099
Zustand	Neuware