Publisher's Synopsis
With the increasing internationalization of capital markets, the growth in cross-border financial trades, and the blurring of the distinction between banking and securities transactions, regulators have been obliged to face the new challenge of increasing the international co-ordination of regulatory response to changing market conditions.;Leading regulators and distinguished academics have contributed to this volume, including Sir David Walker, Chairman, Securities and Investments Board, UK and Richard C. Breeden, Chairman, Securities and Exchange Commission, USA.