New regulation of the financial industry

"The goal of this book is to provide analysts, traders, legal experts and managers of institutions with all the necessary information about the new financial environment. It uses practical examples from the USA, Britain, Germany, France, Switzerland, Sweden and Austria to address the regulation of financial institutions from three perspectives: content and implications of new supervisory policies and rules, expansion of frontiers of banking due to globalisation, and changes in the pace of the banker's work due to technological advances.". "The overriding message is that there is no time to be wasted in improving regulatory standards, recasting capital adequacy criteria, setting a proactive framework for systemic stability, using the Internet in the most effective way, and getting the commercial and investment banks themselves on the road to advanced technological applications."--BOOK JACKET.