"
Global Financial Regulation, remains an essential guide.
This is despite the fact that, as they write in the Update, 'Time
seems to have speeded up in the world of financial regulation'
since the first edition was published in spring 2008. That Update
is ... a crucial part of the second edition."
Jane Fuller
"A superb account of the international regulatory system,
together with a set of proposals for its reform that are highly
relevant. While largely written before the market disruption that
began in August 2007, subsequent events have tended to reinforce
rather than invalidate most of its prescriptions ... This book is
wholly authoritative and its judgments carefully reasoned."
Financial Times
"An admirable starting point for coming to grips with the
historical and institutional background to the ongoing
debate."
Spectator Business
"Given the experience of the authors, both of whom have
participated in international regulation for the best part of two
decades, it is of course masterful. It is comprehensive and clear.
It is not easy to describe a structure that has grown
incrementally, mostly in response to crises in one part or other of
the global financial services system but the authors achieve it
with apparently effortless ease."
Financial Regulator
"The regulatory architecture of international finances has
hardly changed since the book's publication, which will probably
make Global Financial Regulation a useful book for
professionals in the financial markets for a long time to
come."
El Pais
"This book is both an excellent review of how we got to such an
eclectic mix of regulatory structures around the world and a
provoker of thoughts as to how they could be improved."
Global Risk Regulator
"The authors' ability to cut through the myriad of information
and arguments on topics like Basel II and present the 'essentials'
makes it a lively and easy read. That doesn't mean that it is
simplistic, and even those who are closely involved in regulation
will find it offers some fascinating insights."
Business Economist
"For once the cover does not mislead. This is indeed 'the
essential guide'. It sets out, elegantly but simply, to describe
some of the ways in which international and national financial
market regulation has evolved, some reasons why it evolved and some
reasons why it has failed to keep abreast of innovation."
European Voice
"A masterful, succinct and superbly clear treatise on financial
regulation. I am sure it will be very well received by regulators,
financial practitioners, academics and their students. This book is
just the type of overview that has been needed for some
time."
David T. Llewellyn, Loughborough University
"Financial regulation matters. We?re all poorer when banks
run amok or markets lurch from crisis to crisis. But most books
about the rules and rule-makers of the financial economy tend to be
dry and impenetrable. Davies and Green have performed an impossible
feat of public service: they have demystified Basel ll, credit
derivatives and all the other jargon of the global financial
priesthood in a lively and entertaining way."
Robert Peston, Business Editor, BBC News
"Global Financial Regulation is a timely review of a
subject which engages the attention of both national and
international authorities. Howard Davies and David Green bring
substantive experience and a strong point of view to the needed
debate."
Paul Volcker, former Chairman of the Federal Reserve
Board
"Financial regulation has leapt to the top of the international
economic agenda. Seldom can there have been such a well-timed book.
The authors are very distinguished experts and practitioners in the
field. Davies and Green achieve the almost impossible feat of
making 'regulation' interesting."
William Keegan, Senior Economics Commentator, The
Observer
