rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    non sort: The
    title: regulation of megabanks
    sub title: legal frameworks of the USA and EU
  name:
    name part: Parchimowicz, Katarzyna M.
    role:
      role term: creator
    role:
      role term: author.
  name:
    name part: Taylor & Francis
  type of resource: text
  genre: bibliography
  genre: Electronic books.
  origin info:
    place:
      place term: enk
    date issued: 2022
    copyright date: 2022
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: remote
    extent: 1 online resource (xiv, 231 pages)
  abstract: "Global systemically important banks are the largest, most complex and, in the event of their potential failure, most threatening banking institutions in the world. The global financial crisis was a turning point for global systemically important banks, many of which contributed to the outbreak and severity of this downturn. The unfolding of the global financial crisis also revealed flaws and omissions in the legal framework applying to financial entities. In the context of global systemically important banks it clearly demonstrated that the legal regimes, both in the USA and in the EU, grossly ignored the specific character of these institutions and their systemic importance, complexity and individualism. As a result of this omission, these megabanks were long treated like any other smaller banking institution. Since the financial crisis legal systems have changed a lot since then on both sides of the Atlantic, global and national lawmakers have adopted new rules applying specifically to global systemically important banks to reduce their threat to financial stability. This book explores whether the regulatory frameworks related to G-SIBs are adequately tailored to their individualism in order to prevent them from exploiting overly general rules, as they did during the global financial crisis. Analysing the specific character and individualism of G-SIBs, in relation to their history, normal function, as well as their operations during the GFC the book the transformation of banking systems and the challenges and opportunities G-SIBs face, such as Big Tech competitors, climate-related requirements and the COVID-19 pandemic Taking a multidisciplinary approach which combines financial aspects of operations of G- SIBs and legal analysis the book describes G-SIB-oriented legal frameworks of the EU and the USA and assesses whether G- SIB individualism is adequately reflected, assessing trends in supervisory action when it comes to discretion in the G-SIB context to contri…
  table of contents: G-SIBs [globally systemically important banks] in the USA and in the EU : diversity, not unity -- G-SIBs and the Global Financial Crisis -- Regulation of G-SIBs in the USA and in the EU : overly general, but fixable? -- G-SIBs and supervisory discretion.
  note: Katarzyna M. Parchimowicz.
  note: Based on author's thesis (doctoral - Uniwersytet Wrocławski, 2021) issued under title: Regulation of global systemically important banks in the USA and in the EU.
  note: Includes bibliographical references and index.
  note: Katarzyna M. Parchimowicz is Assistant Professor at the Academic Excellence Hub - Digital Justice Center (University of Wroclaw, Poland) and Associate Researcher at the European Banking Institute.
  subject:
    geographic code: n-us---
    geographic code: e------
  subject:
    topic: Banks and banking, International
    topic: Law and legislation
  subject:
    topic: Banks and banking, International
    topic: Law and legislation
    geographic: United States
  subject:
    topic: Banks and banking, International
    topic: Law and legislation
    geographic: European Union countries
  subject:
    topic: Banks and banking, International
    topic: Law and legislation
  subject:
    geographic: European Union countries
  subject:
    geographic: United States
  subject:
    topic: Global systemically important banks
  classification: K1066
  classification: 346/.082
  related item:
    title info:
      title: Regulation of megabanks
    name:
      name part: Parchimowicz, Katarzyna M.
    origin info:
      publisher: London ; New York : Routledge, Taylor & Francis Group, [2023]
    identifier: (DLC) 2022027801
    identifier: (OCoLC)1346949825
  related item:
    title info:
      title: Routledge research in finance and banking law
  identifier: 9781003276883
  identifier: 1003276881
  identifier: 9781000799071
  identifier: 1000799077
  identifier: 1000799050
  identifier: 9781000799057
  identifier: 9781032233475
  identifier: 9781032233550
  identifier: 2022027802
  identifier: 9781003276883 Taylor & Francis
  identifier: https://www.taylorfrancis.com/books/9781003276883
  record info:
    record content source: DLC
    record creation date: 220616
    record change date: 20240130225801.1
    record identifier: in00004769324
    language of cataloging:
      language term: eng