Julian Franks, Corporation
of London Professor of Finance, London Business School, Colin Mayer, Peter Moores
Professor of Management Studies at the Said Business School; Director of the Oxford
Financial Research Centre, and Luis Correia da Silva, Director, Oxford Economic Research
Associates Ltd.
Scandals in financial
institutions, weakness in the world economy, and volatility in financial markets bring to
the fore issues of regulation and consumer protection. This comparative survey of how
investors are currently protected in a range of European countries and the USA is set in
an accessible theoretical framework. It will be invaluable for academics and students
involved in the analysis of financial markets and regulation as well as practitioners in
financial institutions and regulatory authorities.
Readership: Academics and students involved in the analysis of financial markets and
regulation as well as practitioners in financial institutions and regulatory authorities
Contents/contributors
1 Introduction
2 The Policy Implications
3 Summary of Research
Findings
4 The Assets under
Management: Europe and the USA
5 The Industry Structure:
Europe and the USA
6 The Regulatory Framework
7 The Regulation of
Investment Management Services in the USA
8 The Basel Committee's
Proposals on a Capital Charge for Operational Risk
9 Survey of European Asset
Managers
10 A Case Study in
Authorized Collective Schemes
11 Literature Review
290 pages