Research Handbook on Law and Ethics in Banking and Finance

Costanza A. Russo, Rosa M. Lastra, William Blair (Herausgeber)

Buch | Hardcover

448 Seiten

2019
Edward Elgar Publishing Ltd (Verlag)
978-1-78471-653-0 (ISBN)

Artikel merken

The global financial crisis highlighted the corrosive effects of unethical behaviour within the banking industry. The chapters discuss the philosophical foundations of ethics in financial law, the existence of a social licence to operate and how to nudge banks to be more inclusive.

The global financial crisis highlighted the corrosive effects of unethical behaviour within the banking industry. This edited collection focuses on the role that ethics, as well as the law, can play to prevent such behaviour from reoccurring. It also examines the effectiveness of newly introduced regulations and supervisory actions in fostering ethical conduct with the aim of realigning the interests of financiers with those of society as a whole.

Featuring contributions from authors in academia, central banks, and professional practice, this Research Handbook presents a comprehensive assessment of law, regulation and professional and market standards in the financial industry. The chapters discuss the philosophical foundations of ethics in financial law, the existence of a social licence to operate and how to nudge banks to be more inclusive. They also critically evaluate some of the key topics in the debate, including fiduciary duties and enforcement measures.

The Research Handbook will be of great interest to academics, policy makers and practitioners in financial law and banking law, as well as legal ethics. Those working within the financial industry with an interest in corporate conduct and culture, will find the Handbook to be an invaluable source of information.

Edited by Costanza A. Russo, Senior Lecturer in International Banking Law and Business Ethics, Rosa Maria Lastra, Sir John Lubbock Chair in Banking Law and William Blair, Professor of Financial Law and Ethics, Centre for Commercial Law Studies, Queen Mary University of London, UK

Contents:

Foreword
Andrew Bailey

Part I The foundations of ethics in banking and finance
1. The philosophical foundations of financial ethics
Kara Tan Bhala

2. Ethics and standards in financial regulation
William Blair and Clara Barbiani

3. Ethical foundation of financial law
Rosa M. Lastra and Marcelo J. Sheppard

Part II The role played by law and standards
4. Nudging inclusive banking and micro finance towards self-sustainability
Katherine Hunt, Marco Lamandini and David Ramos Muño

5. The social licence for financial markets, written standards and aspiration
David Rouch

6. The Development and Implementation of Professional Standards for UK Bankers: A Practitioner Perspective
Simon Thompson

7. What should we do about the law of money, finance, banks and the like?
Philip R. Wood CBE, QC (Hon)

8. Rebuilding Trust in Financial Markets: beyond the Limits of Law and Regulation
Mark Yallop

Part III Can law counteract unethical behaviour? Some examples
9. Ethical Considerations in the Representation of Sovereign Clients
Lee C. Buchheit

10. Law and Ethics: The Bank's Fiduciary Duty towards Retail Customers
Ruth Plato-Shinar

11. Market timers, late traders and the ultimate insiders
Basil G. Zotiades

Part IV The effectiveness of regulation and supervisory actions
12. Developing the Senior Managers Regime
Alan Brener

13. What makes deterrence credible?
Andromachi Georgosouli

14. Breaches of AML reporting requirements by UK Bankers: Are effective enforcement choices being made by financial regulators?
Miriam Goldby

Part V Are financial regulators ethical?
15. Ethical Culture and Central Banking
Thomas C. Baxter Jr

16. Central Banks and Ethics: the Virtual Paradox of Transparency and Confidentiality Mandates
Manuel Monteagudo

17. Enforcement, ethics and transparency: problems and perspectives
Costanza A Russo

Index

Erscheinungsdatum	02.09.2019
Reihe/Serie	Research Handbooks in Financial Law series
Verlagsort	Cheltenham
Sprache	englisch
Maße	169 x 244 mm
Themenwelt	Schulbuch / Wörterbuch ► Lexikon / Chroniken
	Recht / Steuern ► EU / Internationales Recht
	Recht / Steuern ► Privatrecht / Bürgerliches Recht ► Berufs-/Gebührenrecht
	Recht / Steuern ► Wirtschaftsrecht ► Bank- und Kapitalmarktrecht
ISBN-10	1-78471-653-7 / 1784716537
ISBN-13	978-1-78471-653-0 / 9781784716530
Zustand	Neuware