Prospects for international financial deglobalisation and its potential impact on international financial regulation

被引:2
作者
Chiu, Iris H. -Y. [1 ,2 ]
机构
[1] UCL, Fac Laws, London, England
[2] UCL, Fac Laws, Bentham House,Endsleigh Gardens, London WC1H 0EG, England
关键词
International financial regulation; financial stability board; deglobalisation; financial globalisation; prudential regulation; GLOBALIZATION; GOVERNANCE;
D O I
10.1080/17521440.2023.2204991
中图分类号
D9 [法律]; DF [法律];
学科分类号
0301 ;
摘要
The prospects of deglobalisation have been discussed in relation to international trade and finance, and this article queries how recent geopolitical risks may affect the shape of international financial regulation. The article critically presents an examination of international financial globalisation that has already been chequered for a long time, and argues that there is a strong likelihood of no or incremental change to international financial regulation due to the chequered nature of financial globalisation it already supports. However, international financial regulatory bodies can be affected if individual jurisdictions that are members of international organisations make more pronounced political responses. Although the network of experts underlying international financial regulation have technocratised issues to a significant extent, the politicisation of issues has always persisted. The article therefore addresses the potential for scenarios of more dramatic and turbulent change in international financial regulation and sketches the broad contours of such possibilities.
引用
收藏
页码:1 / 19
页数:19
相关论文
共 139 条
[1]   International cooperation on financial market regulation [J].
Abendschein, Michael ;
Goelz, Harry .
INTERNATIONAL ECONOMICS AND ECONOMIC POLICY, 2021, 18 (04) :787-824
[2]  
Ahdieh Robert B, 2015, LAW CONTEMP PROBL, V78, P75
[3]   Is meta-regulation all it's cracked up to be? The case of UK financial regulation [J].
Akinbami, Folarin .
JOURNAL OF BANKING REGULATION, 2013, 14 (01) :16-32
[4]   Anti-money laundering and anti-terrorism financing: a survey of the existing literature and a future research agenda [J].
Al-Suwaidi, Noura Ahmed ;
Nobanee, Haitham .
JOURNAL OF MONEY LAUNDERING CONTROL, 2021, 24 (02) :394-424
[5]  
Allen R.E., 2017, FINANCIAL CRISES REC
[6]  
Andenas Mads ve Iris H-Y Chiu., 2014, The Foundations and Future of Financial Regulation: Governance for Responsibility
[7]   Sanctions and dollar dependency in Russia: resilience, vulnerability, and financial integration [J].
Andermo, Erik ;
Kragh, Martin .
POST-SOVIET AFFAIRS, 2021, 37 (03) :276-301
[8]  
[Anonymous], IMP ONL LARG SYST IM
[9]  
[Anonymous], 2022, REUTERS 12 APRIL
[10]  
[Anonymous], 2022, UKRAINE WAR DEEPENS