The Structure of Financial Regulation

1. Introduction 2. Financial Supervision from an Historical Perspective: Was the Development of Such Supervision Designed or Largely Accidental? 3. Some Historical Perspective on Financial Regulation 4. Bank Regulations and Money Laundering 5. Governing the Corporation: Transcending Compliance in an Age of Scandal 6. Multiple Regulators and Insolvency Regimes: Obstacles to Efficient Supervision and Resolution 7. Institutional Allocation of Bank Regulation: A Review 8. Agency Problems in the Design of Bank Regulatory and Supervisory Structures: The Case of EMU 9. Cross-Border Issues in European Financial Supervision 10. Regulating Cross-Border Retail Payment Systems: A Network Industry Problem 11. Payment System Developments: Their Dependence on Competition, Cooperation, Incentives and Authority Action 12. Competition and the Rationalization of European Securities: Clearing and Settlement 13. Links Between Securities Settlement Systems: An Oligopoly Theoretic Approach