Regulating Financial Services and Markets in the 21st Century

This book contains a set of high-level essays examining important issues at the forefront of financial services regulation. The contributors, who include lawyers, economists and regulators, address the far-reaching effects of the Financial Services and Markets Act 2000 on the UK financial sector in the context of rapid global change. Using their extensive detailed knowledge of regulatory regimes to provide an authoritative analysis of the underlying issues affecting the broad development of financial services regulation, the contributors also attempt to answer fundamental questions about the objectives of regulation, the responsibilities of the regulated community, the accountability of regulators, the regulation of electronic financial markets and the impact of stock market mergers, regional regulation within Europe, and the development of global financial regulation.