In this accessible and highly readable new book, Cally Jordan provides a critical analysis of and context to international capital markets, their regulation, and their institutions. The book takes a comparative and developmental perspective, examining the characteristics, interaction, and regulation of developed markets in the US, the UK, and the EU, as well as Asian markets such as Hong Kong and China. In addition to examining Malaysia's efforts to create an international regulatory framework for Islamic finance, the book looks at other niche markets of the world, such as Luxembourg, Switzerland, Singapore, Ireland, Bahrain, and Dubai.
There is both a detailed analysis of complex concepts, supporting the competing regulatory goals and techniques, and a conceptual overview of the regulatory landscape, making this book an indispensable resource.
Current issues such as the delineation of regulated and unregulated markets, stratification of markets, and the capital market activities of international financial institutions such as the International Monetary Fund and The World Bank are explained. Practitioners, scholars, and post-graduate students will find this book to be a valuable guide to understanding the regulation and practice of international capital markets. Jeffrey Golden has acted as a consultant editor to this volume.
Consultant editor: Jeffrey Golden.
Cally Jordan is Associate Professor at Melbourne Law School, University of Melbourne and member of the European Corporate Governance Institute. She has practised international financial law with Cleary Gottlieb Steen & Hamilton in New York City, acted as an advisor to the Financial Services Bureau of the Hong Kong Government, and international financial institutions such as The World Bank, IFC, and Asian Development Bank. She has lectured on international capital markets around the world, most recently at Duke Law School and the Center for Transnational Legal Studies (London).
Jeffrey Golden is the Chairman of the P.R.L.M.E. Finance Foundation and member of the Foundation's Panel of Recognised International Market Experts in Finance. He is a Governor and Honorary Fellow of the London School of Economics, where he has also been a Visiting Professor in the Law Department, and vvas the founding partner of the US law practice at international law firm Allen & Overy LLP and former senior partner in the firm's global derivatives practice.